The major downtrend line has been in place for months. The price is currently testing a crucial support area around $0.45-$0.48.
What are we watching?
Price bounces off the current support area.
Move towards the downtrend line and try to break it forcefully.
If a breakout occurs, the next targets will be $0.796 and then $1.029, with a possible rise to $1.422.
The next breakout could be the beginning of a major shift in price direction.