As shown on the daily chart, three days ago the price broke down the support at 0.000017 and yesterday the breakdown was confirmed. Now the price retest the next support around 0.000009, but it has lost some momentum. If breakdown fails at 0.000009, we expect the price will bounce back up to the retracement zone between 0.000022 and 0.000016. If breakdown happens on the other hand, we expect the price will fall further to retest the next support around 0.0000057. The main trend on the daily chart is still considered sideways at this moment. The best places to buy more with caution are around 0.000009 and around 0.000005.
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