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- 📢 Gate.io Post Tag Challenge: #MyPortfolioInBull# Post and WIN $100!
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Based on the analysis of the candlestick chart, the current trend is downward. Compared to a significant pump at 17:00, it has rebounded compared to 16:00 and declined compared to 12:00. The market is in a downward trend and oversold, with decreased volume, indicating a sluggish market.
The Williams indicator indicates that it is now Oversold. The recent volume has decreased, and the volume has decreased compared to the previous few hours. The price and volume are both declining: the market is quiet and trading is not active.
The market is quiet, oversold and the volume is decreasing. It is recommended to continue to watch and wait for the signal of recovery.
The above content is for reference only and does not constitute investment advice.