We have already past 4 weeks in corrections $XEC #eCash .
The first strong support is at range around $0.000039 - $0.000040.
But be careful, the wick could be down to range $0.000036 - $0.000033.
It would need several weeks to create double bottom on daily timeframe before it can go up to $0.000062.
When it happened, it will become long sideways before can continue to go higher.
So this idea would be making sense for 1-2 months ahead. I'll update again every monday.
Follow me to get an idea to swing trade in spot market.