In weekly time-frame we can observe the price fell from ATH
breaking all the support zone
and is currently forming a proper DOUBLE BOTTOM
(W- pattern). From here on, there are possibly two scenarios that can take place, first the price surges from here following the W pattern to the upside (Lvls mentioned in green) and second after reaching the highlighted area in ORANGE it bounces/retraces back to the Support Zone
and possibly make a TRIPLE BOTTOM pattern and then continue the upside move.
For educational purposes only (DYOR).