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Solldy

XMRUSD ❕ downtrend channel

Short
Solldy  
BINANCE:XMRUSDT   None
Trend Analysis Chart Patterns Technical Indicators crypto signals short xmrusd
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trendanalysis chartpattern indicator crypto signals short xmrusd
Monero has consolidated under 200EMA on 4H Timeframe.
The RSI chart is moving in the bearish zone on 4H, 1H and 30m Timeframes.
50EMA has broken down 200EMA (1H TF)
TD Sequential indicator has formed a reversal signal down (1H TF)
I believe that the asset will continue to decline after fixing under the support level.
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