Yes, it looks like the old tree just wants to give a hug. Like in one of my images, I can almost see a face with two eyes, a nose and a mouth (just where the two lower branches meet). The blue cheery sky makes this a "friendly" enchantment rather than what could be a much darker mood. On the other hand, as one who spends lots of time in the forest trying to make nice photos of people running through them, I feel the photographer's curse of being in the forest on a lovely sunny blue-sky day and all the bright and dark areas that come with that. You've done a great job to get a good exposure - but I would like to see a similar image from a cloudy day. That would give more even tones, but I'll bet the mood would be much more ominous!