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Higher low sign of reversal?

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BINANCE:CNDBTC Is currently in a big correction losing at a certain point almost 50% from its local high 2 weeks ago and over 60% from its ATH. The current candle is looking to form a higher low which might indicate a reversal. The RSI also indicated overselling. A convincing close above the trend line might conform a reversal
注释
The candle is closed and the higher low is confirmed. Movement is still very volatile so trade with caution
FibonacciTrend AnalysisTrend Lines
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