Slow bleeding continues

27 May 2018

Just as I had predicted, the slow bleeding has continued with a few bounces in between but overall the trend is still bearish. Buy side volume simply isn't producing the momentum we need to test 10000 anytime soon but as a good news the 50MA is coming down to support us at potentially 7400 unless we break the support and fall first back to my original prediction of 6800.

Alt coin season continues to stall.