Similar formation, watch the channel, probably 4 cents will be bottom.
Watch Ethereum loosing 70% of its btc value. This coin has no future.
Probably best risk-reward on market now. Though I believe it could loose 80% of its btc price from now
1. flash crash to 3-4 satoshi with 400% trade after 2. buy above previous high, sell +100% after all, its a slow moving coin, easy to setup
Name it bullish only after a daily candle closes above bear trendline.