This is a realists TA thread so bullish rampers have no need to...

This is a realists TA thread so bullish rampers have no need to respond or read this.

There it is again, another bearish candle, thats the 6th in 2 weeks
this time a shooting star doji 17.0-20.0-17.0 with close near daily lows yet again
closing on open & runup sold off yet again.
soon we may see another even worse bearish hangman candle again with very long tail like at 27c that I called a few weeks back that was the selling signal for the pros.

I warned on the run from 20c-40c to watch the bearish candles and blowoff patterns, the unsupported run 25-40-25 was the top and now stands out like a mountain top chart pattern.

Monthly rounding top completion is at 8c-13c
thats why i have repeatedly called for a 8-13c retrace back to support as have other TA posters on here

The only hope is if 13-16 can show strong volume support but we saw that sharp dagger 18.5-14.5 -16.0 a few days back that may signal some support around 14-16, but I am not convinced.
And after todays bearish candle I would expect attacks on the 13-20 level to continue until we see the capitulation and flooring pattern at the new fair value point.

I would stay out until this becomes clear as its a falling knife and too volatile.