General Tone:
We spot signs of bearish divergence by comparing "zones" of moving averages. What we see in the past 24 hours was a strong case of trending well above the 55 EMA. But now, we see most, if not all coins, trend either well below the 200 EMA or between the 55 and 200 EMA. We first look for these bearish signs on a low time frame by comparing it to the previous 24 hour history. When or if these trends cascade over to higher time frames, we can confirm and overall-all longer degree short-term bear trend.
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