Base on the Trend Line Analysis, The Major Support Trend Line has proven to be a Stronger support from the previous price movement observed. therefore there is a Higher Degree of freedom for the SLP to experience a massive Bullish Movement anytime soon. An imminent breakout from the two Major trend line Should produce a minimum Price target of $0.30
in conclusion there a formation of something like a "W" or Double Bottom which is a Bullish Pattern
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.