Short UNI @ 6.300 USDT 10x leverage
We've reach a local top for the crypto market. Our momentum has consolidated and a reversal could be starting.
We're experiencing a move downward on the TOTAL, as well as a move up on the DXY. A sign of a potential reversal down for crypto.
If our local support at 6.2 breaks, this will be a profitable short. We will retest the 200-day EMA.
Our MA on our RSI has fallen underneath our RSI line, a bearish sign. We are also extremely overvalued for 1hr time chart.
Our MACD has also made a bearish crossover as momentum thins and the price has started to pull back.
We're experiencing a move downward on the TOTAL, as well as a move up on the DXY. A sign of a potential reversal down for crypto.
If our local support at 6.2 breaks, this will be a profitable short. We will retest the 200-day EMA.
Our MA on our RSI has fallen underneath our RSI line, a bearish sign. We are also extremely overvalued for 1hr time chart.
Our MACD has also made a bearish crossover as momentum thins and the price has started to pull back.
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