These patterns are kind of obnoxious at this point. They're so fake and predictable. So, whenever we see sideways trading with a dump and huge insta-rally, we know this is coming. Of course, this leads to more dumps and bear control.
We almost touched support at $3,337 which will happen possibly today or before too long. From current prices there's not much percentage pullback until we see this.
Bears are definitely shining through now. On the daily and weekly chart things are still hugely bearish. I still think we're likely going to see a break of $3,000 support.
