After the 20 EMA (red) refuted most of the recent recovery attempts, the sellers steered the trend in their favor by sinking the price below the lower trendline of the down-channel (yellow). This trajectory has impacted the buyer’s ability to negate the selling pressure whilst the alt poked its multi-month lows. A possible recovery from […]After the 20 EMA (red) refuted most of the recent recovery attempts, the sellers steered the trend in their favor by sinking the price below the lower trendline of the down-channel (yellow). This trajectory has impacted the buyer’s ability to negate the selling pressure whilst the alt poked its multi-month lows. A possible recovery from […]
