The downtrend (blue resistance) will be hard to break. We need a clear reversal pattern to break it. It's very likely that we go back to 0.45 before the bull run. The inverted head and shoulder will be complete. This right shoulder will let the trader whoses didn't go onboard to do so, and this way, we will have enough power to break the trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.