is in a spiral downtrend what looks like a falling wedge
and we don't really have historical data to say where the strong bottom support lines are. Having said that, 0.0608 was the lowest of recent on Binance (psychological round number). I believe this is close to the bottom. The bottom will mirror when BTC
bottoms out which in my opinion is close. If you look at the RSI
, it also indicates over sold situation. Unless there is a sharp drop
, I tend to think between 0.058 and 0.061 is close enough to enter, if we have another chance as we missed the first lowest point.