short position

2018년 8월 10일

price is increasing but has been denied by 50MA multiple times. death cross on 4hr and approaching lower death cross on 1D

also the support turned resistance is here from the inverse head and shoulders from the $5800 move up.

the .236 is near where the 50 MA is approaching by the time gets there as well.

all of these have confluence near the resistance line at 6900