It can be confirmed once the price breaks out of the triangle. There is a chance for both short and long. There is RSI bullish divergence also, so its indicating the price might go up and meet the targets mentioned. Let us wait for the price to act.
Nota
Price has taken support from the trendline(yellow) below because it has acted as a support in the past as well, if we break this support then probably going to go till 50229.
Nota
already below 50k now.
Nota
Price gets support at 48350, if we break this support, probably going to fall till 43400 approx.
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