Looking closely on the chart we can see a serious bounce off 78.6% fib level from the previous rally which pointed to likely bottom.
The drop took the form of falling wedge.
Considering the bounce off the potential reversal zone as immediate bottom for the coin, as a result of this, it will be smart to accumulate from this zone back upward.
From this whole setup i deduce possible AB=CD pattern.
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Correction continue with potential downtrend channel in view.