If I was looking at this from an objective place I would say this is a bullish setup and it about to pop.
This chart is inverted.
It's something I personally am fond of doing because I'm a breakout trader.
Imo it's important to do this for a number of reasons
You can see how it PERFECTLY touches the 618 line on the fib retracement when inverted. Which , to me, is simply fascinating.