is clearly oversold and just bounced from the channel support.
The confirmation of trend inversion would be the break of both price and channels resistances.
I put targets at 0.000052 (250%) (that is also the previous resistance and 1 fib point) and 0.000075.
It's not easy to predict a inversion during a market and these day Btc is unpredictable, but chart and look very nice to me.
To be on the safe side you can enter only if it breaks both price and channels resistances.
We are still around 0.00001614 support, so there is still a chance that it will bounce back up, but price and RSI resistances has NOT been broken, probably next support is at 0.0000113 (22 RSI).
First target almost reached ( 239% profit ! )
We are now at 0.5 retracement, we can easily reach 0.618fib ( 0.000028) before next bull run
Anyway thank you for your comment. I'm here to learn so I like to hear different opinions