As you can see, the EMA-60 is a very nice dynamic level as price constantly bounces off of this moving average setting. Here we have the first indication of a trend change as the price crosses below the moving average with one test already.
Is it safe to be and start selling? Selling is currently not advised as we still have one ascending trend-line test. This trend-line remains quite strong with 5 tests already. This makes it very likely for price to test this trend-line once again