Verge indicators for a downtrend

21 thg 12, 2017

I notice a head and shoulders pattern (also a inverse cup and handle, thx eFund). MACD, RSI and EMA are looking lower than before. Volume decreasing and overall seems like the bulls are exhausted. There is more selling pressure than buying pressure I'd say. It also made a huge bullrun from 50 sats to 800 sats now so would be wise to take profit around these areas. I sold a majority of my position at 800sats.