MONTHLY WEEKLY AND DAILY all time-frames are in bearish consolidation, if the demand level holds then price COULD go towards $1 in a short period.....
if price breaks 0.24 level then Could go much lower 0.14 or even lower.
longer term weekly and monthly are in a clear downtrend, shorter time-frames are showing they want to go up to the weekly level of supply where it can react downwards or if breaks then to 8500+ sat.. trading requires patients and discipline...
Price is looking like sellers are exhausted and a monthly level of demand has formed which price is reacting from although price COULD penetrate more towards 0.03
shorter time frames are showing that price wants to go UP to the weekly level of demand and from there we have to wait and see how strongly price reacts from there to the downside or can it break that level to reach 1300+ sat. trading requires for all to be patient and discipline.
