No signs of trend reversal but bear in mind that we are at an important resistance level - last time we rejected from this resistance level the total market cap. dropped 60%,
Pre-breakdown equal highs have also been raided but no rejection yet.
ALTCOIN MCAP EXCL. BTC - 11.05.2019
Lots of confluence for this being the top of the recent uptrend:
Right at the EQ of the highlighted bearish orderblock,
Undergoing a bearish retest of the broken trend line shown in purple,
Easy-to-spot bull flag ---> Retail traders go long on constituent assets ---> Institutional players dump bags ---> Trapped retail longs...