There is strong volume building up since 2016.. a good sign that a bottom is in place.
For a confirmed uptrend, wait for a break above 0.65 (a horizontal resistence). The odds are looking quite good. Let's wait and see.
I like to trade chart patterns. There are some well know patterns that we need to give attention to when we see them as they could be giving a hint that a major trend could be emerging.
Head & Shoulders / Inverted Head & Shoulders and Double Tops / Bottoms are one of those.
See also: Chart Patterns 101
p/s I know what you are thinking.. "how nice if I had bought it at 0.45!". Well, the problem with buying low is that we never know if that is the rock bottom (unless you are "smart money"). You may end up seeing a new low after you have bought. :(
Hence, it is okay to buy "more expensive" as long as the odds are good that it will get "even more expensive" in the coming future. That doesn't mean we chase a rising stock mindlessly.. how to enter (and how to exit,this one is tougher!)..that will be another topic I plan to write about.
