Chart in link below showing how our attempt to correct the market has bounced of the trendline and could easily get extended down. We haven't seen lower lows yet... so hasn't failed... yet. Just not a greatest sign imo.
charts.cointrader.pro/snapshot/soJVK
charts.cointrader.pro/snapshot/soJVK
Trade closed: stop reached
Just a view showing it not inverted Note
Link to comparison of patterns of GOLD vs Crypto Total Cap. Just meant to show possibility of what a pattern like this has done in the past. i.imgur.com/MqSBduH.png
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.