Whoever is afraid of anything can go home, but I will still collect goods at this time!
This period still falls deeper than I expected because there is no sign of recovery, but basically it is still in an uptrend, not a reversal to a decrease => still positive for the market #crypto
In my opinion, this period on the D and W frames has reversed the trend, currently it is just retesting a few beats to shake off the last wave and prepare for the next uptrend.
Of course it is still around this area, I don't think there will be deep falls to the 50k area like in August
Returning to the image I shared yesterday, total 3 on the M frame has now closed a pair of reversal candles, right at the 0.5 fibonacci zone (the strong support zone of the uptrend) => creating a temporary bottom here
