UP TREND FINISHED; now is time to go short!!

73 5 1
See chart
so far, so good, le's see if it continue going down
Yes, i agree that it is to early to say that the uptrend is finished, but with a main trend line broken and a descending triangle pattern, i believe it will drop.

Probably it will retest the blue triangle again before it drop.

If i see see that price can't break the blue triangle aboce 37$, and if i see a bearish candle with big volume i will defetly go short.

At this moment this only a chart in my watchlist.

Nice trades for everyone, chers from Portugal
You gotta look at longer time frames like monthly and weekly. Notice how we've had huge progression upward for a long time. That momentum takes time to offset. When the weekly and monthly charts setup in distribution, then you know you when its ready to drop.
Progression says we need to see more dissy. A lot of volume to get through between 32/34. Your premise is probably good, but I think it may be way early.
Volume on the breakdown was only average volume.. It appears it is catching support at 100 day MA. May see a short pull back, but I would not expect a 10% drop.
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