• Market Situation
With 26.6% correction since top, finally the wave (A) which was the bullish exit move for the previous triangle seems to have ended.
• Outlook
As you can see, the wave (B) is a corrective move which means more recovery on #alts is possible if new news of war does not spread around the glob.
Key Level
Index has reacted sharply to our 1st support level, and right now is retracing to the next technical zone which is highlighted on the chart.
If everything goes well, a rejection is expected to next support levels, so let's see how it goes.
