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Price is moving in a descending channel. Most likely, the price will fall into the buy zone $ 0.10900 - 0.12350. There will be a Double Bottom pattern and a price reversal with further growth. You can open a long position in this buy zone.
But if the price falls below the buy zone then the decrease will continue below $ 0.10000 and the Global Bottom will be updated. _________________________________________ This analysis and more in our Telegram channel. Also, don't forget to visit our profile.
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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.