After closing the daily candle today the ema of 50 days is lower

١٨ أبريل ٢٠٢١

After closing the daily candle today, the moving average of 50 days is lower, suitable for sell

Because :

1_There is a bearish divergence in RSI & macd.


2_The uptrend line is broken in RSi.

3_The price has fallen below its 50-day moving average, which has never been above it since the beginning of the uptrend.

Target~~37400$

Because :
1: Located at the bottom of the ascending chanel.
2: The price has already been reverse in it
3: An important area is Fibonacci