Cryptos have been a complete disaster as the chart shows.
*We have a massive H&S at a top *A huge bear Flag *A structure forming below a bigger structure *Price actions violating the bottom trendline like its nothing but going nowhere.
The chart is screaming a big warning to all the bulls out there.
CAUTION!
Not
The more it coils up the bigger the move.
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BTC $26,600 HERE IT COMES!
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As Expected.
MAGIC!
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As mentioned the crypto market was coiling up for a big move down. It has begun and in the processes ETH is now cracking. I will.be posting that chart as well soon.
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If there is one thing that markets do habitually is to oversupply the market when somthing is successful initially and diluting its value.
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