Long position opened.
Reasons:
*Our last resistances described in the chart with the red lines 1,2 are our new support n3.
*Correction from 0,51 is made with a flat triangle
*Target around 0,5
Worst scenario would be to break the support to 0,36, I honestly don't see any buy zone around 0,34 but directly around 0,3 as the volume is here.
If the support is broken, the "bull market" idea should be reconsidered.
Good luck everyone.
Reasons:
*Our last resistances described in the chart with the red lines 1,2 are our new support n3.
*Correction from 0,51 is made with a flat triangle
*Target around 0,5
Worst scenario would be to break the support to 0,36, I honestly don't see any buy zone around 0,34 but directly around 0,3 as the volume is here.
If the support is broken, the "bull market" idea should be reconsidered.
Good luck everyone.