زين العابدين بن علي 777
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Bearish
Notice a strong bearish engulfing candle that closed below the short-term moving average (EMA(7) and a very strong overbought condition on the daily timeframe, indicating the beginning of a trend reversal to bearish. As long as the daily overbought condition is very strong, the decline will be very strong.
We also observe on the 15-minute timeframe that the (EMA(7) line is touching the (EMA(25) line and is attempting to break it downwards, while the price is touching the (EMA(99) line.
These are strong signals for a strong decline $XPIN
We also observe on the 15-minute timeframe that the (EMA(7) line is touching the (EMA(25) line and is attempting to break it downwards, while the price is touching the (EMA(99) line.
These are strong signals for a strong decline $XPIN
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