I've been bullish on individual tokens, but after taking a step back I think I'm going very defensive on crypto and stocks.
With the precarious nature of markets right now (war in Europe, decade high inflation, recovering from a once in a century pandemic), it's not going to take much to torpedo stocks and crypto.
The chart lists some bearish traits, on the weekly, maybe we get a week or two of good action but there is cause for concern.
Any major geo-political shock to the system (major cyber-attack, nuclear war) will crater crypto fast as lightning.
Trade safe....