Red line is the lowest potentially reachable price. The orange range lines are the probable sector where the price needs to get out from, to either increase of fall. There are some symmetrics vertically. The price have failed to recover and stay in the orange range. The blue down trending line has been very regular but we can notice that the price have succeeded in passing through it. The horizon is more positive but there is a danger zone close to the lowest $0.12 area.
What to watch? Check at this orange range, investors will probably wanting to see the price recovering in that range before entering massively. Isn't it the great moment to dollar cost average and be ahead of the crowd ?