First one was the head and shoulders pattern (yellow), which was a bearish pattern and the breakout of the neckline, gave us a sell signal. Second one was a very technical flag (blue lines), which was a perfect trend continuation pattern and resulted in a further downswing. The last one, third, was also a flag but slightly bigger (black lines). No surprise here too and the price broke the lower line of this pattern and aimed lower.
Breakout of the lower line of the flag, gave us a fresh sell signal and this is our outlook on this altcoin. Negative signal will be cancelled, when the price will come back above the highs from the beginning of June.

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