- The bears are strong these days - Price is moving in a descending channel - Support didn't hold - Listing on Bithumb on 2/4 pushed price back to last support where it was rejected the next day - Only news can change momentum - Without news price will travel towards the lowest line of the channel - 1st target to break: support - 2nd target to break: upper line of the channel - 3rd target to break: resistance - Long way to go