The 2 Week RSI has just broken a 2 year long downtrend

There are all sorts of bullish signs emerging as of late.

The latest being a 2 year long RSI downtrend breaking to the upside.

Check it out:

(Source: https://twitter.com/CryptoCon_/status/1613548800420765696/photo/1)

The price is trying to break out of the downtrend on the above chart as well though it isn't as clean of a breakout as we are seeing on the RSI.

The above is a two week chart so it's a longer term chart and a significant break like this can mean a prolonged move should it hold the breakout.

The downside with a longer term chart is that it could take weeks for the full breakout to become clear and apparent.

Either way, it looks like the medium term trend may be changing to the upside...