Analysis and Comment:



1. Support and Resistance Levels:


• Support: The 0.1456 level, shown as the accumulation zone on the chart, appears to be a strong support area. This level is critical for the price to regain strength.


• Resistance: The price moving towards the falling trend line has encountered a resistance at the level of 0.2281. In case of an upward break, the 0.35-0.40 region may be the next resistance target.



2. Formations and Formation Reversals:


• Accumulation: A region is observed where the price gathers strength by moving horizontally at low levels for a long time.


• Downtrend Breakout: If the downtrend line is broken upwards, the upward momentum may accelerate.


• Potential Formation: There is a possibility of a cup-handle or triangle formation. An upward breakout could cause the price to make a sharp move.



3. Indicators:


• Volume: An increase in volume during upward movements will be critical to confirm the continuation of the move.


• RSI and MACD (assumption): RSI breaking out of the oversold zone and MACD moving into the positive zone support the rise.



4. Trend Direction:


• Signals of exit from the downtrend are observed in the medium term. The upward change in the direction of the trend can be confirmed by the break of the downtrend.



5. Target and Prices:


• Short Term Target: 0.35 level (above the resistance zone).


• Medium Term Target: 0.45 - 0.50 range.


• Long Term Target: Above 0.60 can be considered as a potential target in a bull market.



6. Strategy:


• For buying: Buying before a clear break of the downtrend is confirmed may be risky. Closing above the 0.23 level can be followed with an increase in volume.


• For selling: In sharp upward movements, profit taking can be done by paying attention to the resistance levels.


• Stop Loss: Positions should be reviewed in case of closing below 0.1456 support.



Conclusion:


This chart shows signals of an upward breakout from the accumulation zone. However, attention to market dynamics and general conditions is critical to confirm the sustainability of upward movements. Volume and reactions in resistance zones should be closely monitored.