CRYPTO Morning Dump -- OUCH
Yikes -- this isn't a great sign and hurts. A recent internet scan shows no signs of negative news (unless it's something not yet posted), and quite the contrary, shows a lot of bullish articles.
This dump comes after consolidation and sideways trading that was starting to look extremely bullish.
Crypto charts are looking the same across the board. A bullish looking follow through to a bullish reversal hammer candle is starting to look like it may be a false sign and continue a true-to-crypto fake-out.
Supports are broken and technical analysis now favors the bears.
Sit tight.
This dump played out...confirmation of signals.
I exited my position at a loss. Looks like this pullback will have some longer momentum. I fear the follow through isn't there and we will see a continued pullback.
Oh! Dear i'm worry about that.
Yea, not the best sign. I think the rally for this round is looking like it could potentially be over.
OMG...
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