IOSTBTC
The price go in down channel and face the main downtrend that still active which meets the center line of the channel, the previous broken support that work as resistance, the moving average 55 and the moving average 100, So we can see that 0.00000546 level is a strong resistance.
If the price break the downtrend and close over the 0.00000550 level, it will go to the next resistance then back to test the broken trend and resistance.
If the price fail to break the downtrend and rebound from it, it will go to the previous support 0.00000469 level or the bottom of the channel to create new low price.
The price go in down channel and face the main downtrend that still active which meets the center line of the channel, the previous broken support that work as resistance, the moving average 55 and the moving average 100, So we can see that 0.00000546 level is a strong resistance.
If the price break the downtrend and close over the 0.00000550 level, it will go to the next resistance then back to test the broken trend and resistance.
If the price fail to break the downtrend and rebound from it, it will go to the previous support 0.00000469 level or the bottom of the channel to create new low price.