Nutty_Trader

EMA Ribbon Turned Bearish - 1 Day Chart

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KUCOIN:BTCUSDT   Bitcoin / Tether
We can see that the EMA ribbon has turned bearish. The last time this happened and we received a short signal, price dropped over 44% in a week. Whenever it has given a buy signal it has also been very reliable. We have another sell signal now and a very similar structure to the last time we received a sell signal. I expect this sell signal to be reliable just as the last.


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