The price reached a strong support zone
formed by the uptrend line and the support level
is in the oversold zone and it's going to confirm price reversal. The market has potential for a good upward movement. In order to entry the market more safely, we should use a breakout signal. Pending orders for buy must be placed above the local swing high. If the market reverses from the support zone
, then breaks the downtrend line and moves above 0.00000580 level, we'll open long trades and get an additional confirmation of further upward movement. Stop orders should be placed below the uptrend line. This is a long term trading with profit targets at 0.0000200 and 0.0000260 levels.