Accumulation and takeoff

The second scenario turned out to be correct and has already been partially fulfilled. We sharply broke through one support level and reached the second one as I wrote earlier

The price quickly returned to the zone 0.58-0.60, as there was a buyer. Now I expect a small accumulation in the area of 0.52-0.55, after which the asset may rise sharply in price.

Especially the new ATH on bitcoin can contribute to this.

Let's keep watching.
Trend Analysis

Penafian