It's a common bearish pattern. Algo played it perfectly.
Time will tell.
Time will tell.
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It's starting to feel like I'm attacking all coins :D But whatever the charts say.
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It'd be a nice entry around here. Let's see. I have orders.
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I feel good about this idea for some reason :D
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Maybe this was it. Looks like we'll have to wait a bit long for another touch if it's going to happen.
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Let's hope this weird thing brings us a test.
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The only reason I'm not starting to build a short here is because I already have too much shorts. If I had seen this before, I would definitely take some risk.
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Nice.
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Nice nice :)
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Ascending triangle?
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Damn, don't this. I have orders around 87 :(
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I am in! 86.5 entry.
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I've seen a similar hype at Algo's top. And I am an Algo holder. But I knew something was wrong when I saw the hype after a markup. They are probably selling to you last few days you know. Even if LTC's halving is bullish it's a long-term thing.
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There is some noise but still a good bearish pattern.
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Still holding the position with no change from 86.5. Can't see invalidation yet.
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I think this is fitting pretty well. Looks like it's lost but still showing strength to at least test it.
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I'm starting to believe this is it.
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What if the bull run frontrunner is also the retracement frontrunner?
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And what if it does this :D
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This daily started bad. Let's see if there is any strength to over over extend this.
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Guys. I think we have weakness here.
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Possible. Chop after parabolic trend break is not surprising. It's still a bad thing.
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Now we have a beautiful top on this as expected. Wen parabola for bears?
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Wow interesting strength here. Out of no where. I will wait until weekly close anyway but it wants attention for sure.
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What do this last two weekly candles make you think of? Just by the look.
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Bullish rejection for bears. Keeping the position with no change.