AlanSantana

📈 Major Crypto Market-Wide Correction | Run For Your Life!

Short
AlanSantana Updated   
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
Good Sunday my fellow Cryptocurrency trader, how are you feeling today?

Can you feel it in the air?
Can you sense it?

Time is running out... All hell is about to break loose.

The Cryptocurrency market is preparing for the classic and major pre-halving event correction and while we are not yet there, it is getting close.

On this chart we can see TOTAL moving daily below EMA10 after moving out of rising wedge.
We can see the biggest increase in daily sell volume in more than a year and EMA50 being tested on a wick January 3, a preview of what is to come.

One of the whales moved first and caused this major draw-down but the big crash is yet to materialize...

The good news.

Corrections are a normal part of market action. Just as prices move up, they also move down as the market moves in waves. Cryptocurrency, aka Bitcoin, has been growing since November 2022 straight up and now it needs a break.

We normally see a correction before the halving and that's most likely what we are witnessing will start unfolding in just a few days, weeks max, this same month.

It won't be a long drawn out correction, instead it will be fast, steep and strong.

👉 After the low is in, we will get a slow recovery lasting for months... It will grow and grow and grow in 2024 and beyond.

This is just a friendly warning.

Thanks a lot for your continued support.

Namaste.
Comment:
Correction alert still valid.
Notice the high volume today...

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