- The bulls showing bigger and bigger weakness, they fought well, but they can't seem to deal with all the resistances and they are running on lower and lower energy, same patterns on daily and on 4h....
- lower closing dildo candles and the bulls just struggle to prevent the bigger move down, it seemed to me really off so far, but now I'm positive about thoughts:
* 4h rejecting
* EMAs rejecting
* 21EMA (Yellow line) dead crossed all the other EMAs which usually leads to big pull down...
* Buying power doing lower and lower lows, and struggle on a critical level
* Volume for bulls was too weak as well
This ship is going for another big leg down.... this might take us all the way to the floor of the descending triangles.... so take care..
and if this will cause panic sell out then all the weird ALT actions (Due to Binance open up to US) are going to fall as well with it.