Not a chartist and just saying what I personally see, so please...

Not a chartist and just saying what I personally see, so please take the following with a grain of salt...

I am seeing significant support at 42-43c as mentioned above, being tested regularly. Beyond that I see support levels at 40c (technical and psychological) and then 38c. Price action tested the current short-term downtrend without success and seems to still be following that downtrend now awaiting an announcement to be the catalyst for significant upward movement (IMO). We also have the 50 EMA to act as a bit of a support to prop up the price and maintain sideways action.

If we consider this to be forming a flag, on receipt of positive news and strong volume (hopefully), the price target from these levels for any upward breakout would be in the order of 70c still.

Either way, for those that can afford to (both in terms of cash and risk appetite), this sideways movement may have provided a great opportunity to top up... I sure have. As always, DYOR, IMO, HODL, etc etc etc.