as others have mentioned, i would look out at the bigger timeframe (2months) and you will not likely consider that yellow line to be a great base, but its not that bad.. you might be safe still .. i took this trade also, at .00005s and expected a timely bounce.. but now after a day has past and it seems to be weakning, without any real attempt at bounce, I decided to sell for 4% profit at .000052 .. thats like a break even trade for me.. and mainly im selling because it has not always respected the panics.,.. on 07/06 for instance, if you look back in the chart.. however with all that being said, your likely still safe, because it is still a very high odds trade you took, and the base is not that strong, but its not too bad.. and the chart is not perfect, but its pretty close
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Thanks for taking the time to reply! I appreciate the info