strong bearish signal on 1D

25 feb 2018

we have completed a possible bear flag continuation pattern of the current downtrend. a re-test of 6k is possible, while worst case scenarios could point to 2-3k. also worth noting is the fact that yesterday closed below the 50 day dema with today already looking to continue dropping. the macd shows a possible crossover looming, as well. in short, some very strong bearish signals beginning to emerge.