Hi, I hope we have a profitable day
In my opinion, the downward trend is not over yet. It seems that the downward trend of the price will be completed in the yellow range of $1.678.
In the lower time frames (5 minutes) we have a tight movement, the price has come out of this compression from the bottom side. If the downward trend falls below the $2.01 range, the possibility of a price drop to the $1.678 range is not out of the question at all.
We would be happy to share your comments with us.