LAST WEEK the price showed very strong fluctuations that led to several false breakouts. The last of them - the breakdown of the support line occurred in early March. The price dropped below the 0.717 line, but a few days later broke it again during the growth. After rising above the line, the price rolled back to it, having worked out a good correction.
This support trend line was formed in June 2020. In November, the price broke through it during the growth and began to use it as a support. Since then, the only breakout has been a false one in March. I expect that after fixing on the support line, the price will start to rise and come to the resistance line of 0.734. This will be our goal.
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