To be honest, I didn't saw such a huge drop coming, but now our vision is now a bit clearer.
Currently we have 2 trendlines running and we should be cautios of the zone 0.36$ to 0.40$!
Maybe the upper trendline now is holding and we are about to fly, but for now I think, there is also the possibility that we retest a lower fib level and the trendline under it.
There is also the 50 and 200EMA lying.
So be cautios of these zone!
But, the overall trend is still bullish and I think that we can see the 0.50$s very soon. :)
Currently we have 2 trendlines running and we should be cautios of the zone 0.36$ to 0.40$!
Maybe the upper trendline now is holding and we are about to fly, but for now I think, there is also the possibility that we retest a lower fib level and the trendline under it.
There is also the 50 and 200EMA lying.
So be cautios of these zone!
But, the overall trend is still bullish and I think that we can see the 0.50$s very soon. :)
Comment:
Trendline still holding with an attempt of 200EMA retest, which could still occur.
Comment:
4h Perspective shows us an EXACT 200EMA retest. ;)