“Most recently, the price broke the blue support around the 2 USD, which gives us a legitimate sell signal. As long as we stay below this line, the sentiment is negative and the price should continue to decline. „
You, see, this is another example, where we were right! On the 14th of August, we reached local lows below the 0.6 USD. More than 50% decline in value. You read our portal and you save yourself some money. Win-Win. On 14th of August, the price created a hammer candle and from this point, the bullish correction has started.