Another approach to the chart might be a repetition of the previous flag pattern with a retracement up to the 0.618/0.786 Fibonacci zone.
Comment:
in the daily time frame it seems like we're printing a hanging man candlestick after 3 dojis. A mild indication of the short term trend reversal.
Comment:
SEC lawsuit news created huge FUD and made the price break the monthly resistance level at 0.435. It seems we're back up on the safe zone. We'll see how it evolves in the next day.
