#MarketDownturn All analysis is based on technical analysis

✅ On March 14, when the price of#BTCfirst touched the 73xxx area, I saw unusual signs such as:

- Frame W: RSI reached 85

- Frame D: RSI divergence, accompanied by a head and shoulders RSI pattern

=> This is a bad signal, it shows that the price is at a high level and can be adjusted.

👉 Analysis video here: https://t.me/legendarycapital/1657

👉 Then there was a drop from 73xxx to 60xxx

✅ On March 18, after the drop, I made another video and kept the price down view. But of course it will come with a rebound

👉 Watch the video here: https://t.me/legendarycapital/1705 or here https://t.me/legendarycapital/1756

The reason is that the price started to enter the distribution phase => the view down is still maintained.

✅ On May 15 and May 21, I made another video and still kept the view down.

👉 Video section 3 and 4 https://t.me/legendarycapital/2881

The reason is because I see#BTConly going up to get liquidity, on the W frame I see a favorable head and shoulders RSI pattern.

✅ On July 16 and July 30, I continued to make videos about#BTCand still kept the view down.

👉 Watch the video here: https://t.me/legendarycapital/2973 and here https://t.me/legendarycapital/3228

The reason is that I see#BTCgoing back up to the liquidity zone of frame D to continue to decrease.

Currently, I still keep the price view down.

The goal is to wait for the price to be in the large liquidity zone of 38xxx - 46xxx, because with my trading method: the price only goes from one liquidity zone to another.

=> That is also the reason why I have continuously viewed the price down from March until now. And that is also the reason why the Market has adjusted down, because for me, it needs a large liquidity zone to continue to push the price up.

What is your opinion?