taking a look at this whole picture from a bearish perspective, just to entertain the idea.
looks fairly clean to me, the whole vibe of this downward move.
it wants to continue in my opinion.
the 4h hidden bear, the triple lower highs, quadruple delta divergence, stacked order book on the sell side; the weak alts.
all of it.
this might be just a little pitstop for a re-distribution phase before further mark down.
---
i'm not saying this is what's going to happen, just entertaining the possibility.
✌
looks fairly clean to me, the whole vibe of this downward move.
it wants to continue in my opinion.
the 4h hidden bear, the triple lower highs, quadruple delta divergence, stacked order book on the sell side; the weak alts.
all of it.
this might be just a little pitstop for a re-distribution phase before further mark down.
---
i'm not saying this is what's going to happen, just entertaining the possibility.
✌