Last time with a higher degree we clearly built the boundaries of the possible rise and fall of the asset, but the 2 scenario with potential growth and reaching new heights is cancelled.
Bitcoin has corrected strongly, altcoins are following a little bit after it and now there is a high probability of forming a downward short-term trend on SQR - look at the chart and it is clearly visible now.
The price is expected to follow this range from the lower boundary to the upper boundary and vice versa for another week or two.