Gnosis idea for eventual value appreciation

This chart is couple of days old. The only thing I noticed is fact that so far 0.50000 level is playing big role here and I assume that if this level won't be pierced with body of bearish candle it should sustain pair above and this price action would suggest that bullish trend is in play. I wouldn't risk much for this trade. I would look for 0.1000 as a take profit area.