The market has now dropped by 10%, there are no buybacks, and the price is compressing towards support. A reversal pattern may form on the daily timeframe. The hourly chart shows a long shadow and a likely bearish candle. By the end of the month, the price will likely remain below current levels, and a pattern with an upper shadow will appear on the monthly timeframe — a signal for a continuation of the correction. Details in the next post!

Market analysis, not a financial recommendation. $BTC #Altcoins!