QTUMUSD drew a double top from the resistance level at $ 80
The slow moving average stopped growing and even decreased slightly already, despite the fact that the current indicators are staying near ...
Of course, the slow moving average at $ 50 and the lower bound of the range of the second half of December at $ 40, provide support to the market. However, the risks of the rate falling, sharply increased.
In case of a breakdown from $ 40, the next support level is only at $ 15.
Recommendation: sell, close long positions.
The slow moving average stopped growing and even decreased slightly already, despite the fact that the current indicators are staying near ...
Of course, the slow moving average at $ 50 and the lower bound of the range of the second half of December at $ 40, provide support to the market. However, the risks of the rate falling, sharply increased.
In case of a breakdown from $ 40, the next support level is only at $ 15.
Recommendation: sell, close long positions.