The break out of an inverse cup and handle pattern as well as formation of lower highs is a strong indication for continuation of bearish rally uptill 133 resistance level. Sellers are advised to watch for a bearish closing of this hour before going short in this stock.
A trend reversal from 0.5 retracement level of previous bull rally, and subsequent lower highs are a strong indication for the upcoming bearish trend. The strong bearish candlestick pattern on the hourly chart at the current price might be indication of a new lower high, making it a good time to short.
The crypto shows breaking of the neckline of a possible double top pattern; indicating a bearish rally till 1173 price.