ALTCOIN MCAP EXCL. BTC - 11.05.2019
ALTCOIN MCAP EXCL. BTC - 11.05.2019
Lots of confluence for this being the top of the recent uptrend:
Right at the EQ of the highlighted bearish orderblock,
Undergoing a bearish retest of the broken trend line shown in purple,
Easy-to-spot bull flag ---> Retail traders go long on constituent assets ---> Institutional players dump bags ---> Trapped retail longs become fuel for further downside
Lots of confluence for this being the top of the recent uptrend:
Right at the EQ of the highlighted bearish orderblock,
Undergoing a bearish retest of the broken trend line shown in purple,
Easy-to-spot bull flag ---> Retail traders go long on constituent assets ---> Institutional players dump bags ---> Trapped retail longs become fuel for further downside