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ALTCOIN MCAP EXCL. BTC - 11.05.2019

Short
Crypto Total Market Cap Excluding BTC, $ (CRYPTOCAP:TOTAL2)  
tomraistrick  
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Chart Patterns Trend Analysis
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chartpattern trendanalysis
ALTCOIN MCAP EXCL. BTC - 11.05.2019

Lots of confluence for this being the top of the recent uptrend:

Right at the EQ of the highlighted bearish orderblock,
Undergoing a bearish retest of the broken trend line shown in purple,
Easy-to-spot bull flag ---> Retail traders go long on constituent assets ---> Institutional players dump bags ---> Trapped retail longs become fuel for further downside
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