A couple of days ago, when some crypto coins were making 20-25%, I was a little bit oppressed for a depressive post andcomments from other authors. Of course... Such a powerful impulse has just passed, and this sucker is already closing down…
I am grateful to everyone who participated in the discussion for interesting arguments. Yes, I see beautiful support myself, yes, I got in there myself and haven’t gotten out yet.
However, I want to add another important point.These are volumes. There is always volume at key turning points. In this case there are none, and that says it all. Yes, we will jump somewhere over 9K on enthusiasm. We can even go to 12K, which I don’t believe in at all. We have ALREADY damaged the downward channel. But the holiday is coming to an end. There won’t be any 50-100K per cue ball yet.
We are in a typical downtrend. Much more typical than the one that was observed before November 18th. There you could see a triangle, a pennant. Now there is nothing like that. Now there is a classic trend that will end no sooner than volumes appear. And they will not appear earlier than we update the minimum of December 18th.