It appears that we will witness a price decline to the range specified in the image. It is expected that an upward movement will emerge from the identified zone, which will not result in a new peak. (This is because the previous upward movement did not create a new peak, and based on this analysis, the price decline will not create a new bottom. Consequently, a new peak cannot be anticipated.) In my opinion, the final upward movement, which will lead to a new price peak, will start around the price of 0.00003956. It is necessary to monitor price movements in this price range closely.
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Disclaimer
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.