If you analyse brkl price move weekly(always use bigger time frames to have a clear view) you see that it finally found bottom:
1) Volume started to increase noticeably.
2) Price candles found a great support zone and gets smaller in rosponse to higher volume.
1) and 2) together means buyers started to claim control on price. This has to be a turning point now.
3) We got red downtrend line to break out. With this increasing volume, and positive market sentiment (btc is on its way to new ath, 3 week ecosystem expansion on brkl) chances are very high that we break it out very soon and getting back to $1 range in couple of weeks.
Not a trade advice!
Trade carefully!
1) Volume started to increase noticeably.
2) Price candles found a great support zone and gets smaller in rosponse to higher volume.
1) and 2) together means buyers started to claim control on price. This has to be a turning point now.
3) We got red downtrend line to break out. With this increasing volume, and positive market sentiment (btc is on its way to new ath, 3 week ecosystem expansion on brkl) chances are very high that we break it out very soon and getting back to $1 range in couple of weeks.
Not a trade advice!
Trade carefully!