Trading suggestion:

• By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

Midterm forecast:

• While the price is below the resistance 0.66990, resumption of downtrend is expected.
• We make sure when the support at 0.65070 breaks.
• If the resistance at 0.66990 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

• The RSI support #1 at 45 is broken, so the probability of resumption of downtrend is increased.
• A peak is formed in daily chart at 0.6812 on 11/16/2021, so more losses minimum to Major Support (0.6507) is expected.
• Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
• Relative strength index (RSI) is 28.

Supports and Resistances:

1. 0.7260
2. 0.7085
3. 0.6975
4. 0.6910
5. 0.6816
6. 0.6370