My last chart showed the beginning of a small bear pennant, which bitcoin broke down from. Now, it has revised itself into a larger bear pennant with supporting indicators of more downside. You can see hidden bearish divergence versus the RSI with the golden piss line. Now look at the longs and shorts. The longs have gone up, which surprises me and the shorts have gone down, so this is another bearish indicator. And though it's a little hard to see on my chart, finally we have the dirty brown shit rope, (28 day moving average) and it looks like we can't hold on to those. Wheel chair guy remains screaming "moon" as all perma-idiots do. Down we go in the near future.
