I started to mark the All Time Low and All Time High on the Monthly, as well as the major support and resistance areas (purple areas) on the Weekly view.
Then I went to see the S/R on the Daily view to get better infos and also on the 4H.
Then I could see this trendlines of support and resistance forming a triangle.
Watching the volumes on the area I think it can test the bottom of the triangle on the 16$ area, wich would be a good entry point, in my opinion.
Afterwards, I guess it's going to break the triangle up and continue to find new levels.
Then I went to see the S/R on the Daily view to get better infos and also on the 4H.
Then I could see this trendlines of support and resistance forming a triangle.
Watching the volumes on the area I think it can test the bottom of the triangle on the 16$ area, wich would be a good entry point, in my opinion.
Afterwards, I guess it's going to break the triangle up and continue to find new levels.