Looking for more signals to confirm this, like a new lower low.
That Volume spike! price breaking the 50 days SMA on the 6 hours chart... price following the same downtrend..... whale accumulating... smells like a possible storm is setting up...
See chart. if you would like any target price you could use the fibonacci to get those magic "golden ratio" targets, or you could use BBands in conjunction with the BBand width indicator, there's quite a few strategies to choose from... ;)
Nice double bottom and we have a mix of indicators to think we might have nice long run here.