Currently, the price movement is at the end of the long-term downward channel. A nice bearish wedge pattern is not formed for us, so I only included the bearish trend line. Provided that the price range of $0.14663 is maintained and if the current trend advances to the blue range, there is a high possibility of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments.
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This loss limit ($0.1463) is valid when the downtrend line is broken according to the first phase of the scenario, which has not been broken yet.