The chart of the first cryptocurrency continues to move within the 'bullish wedge' formation.
As I warned you, the price is testing the lower boundary of the formation, the descending trend line. Also, during the current correction, it is updating the minimum of the summer consolidation 📉.
This movement is not considered 'deadly', as the previous correction occurred in a similar manner. The constant updating of the minimum is happening to maximize the liquidation of buyers from their positions.
☝️ To be confident in a pump, we need to see a breakout of the upper boundary of the wedge. For now, the priority remains on a dip.
