FX_Academy

XEM/USD turned to the downside again

Short
The crypto has found a very strong resistance at the median line (ML) and now goes down again. The false breakouts followed by the failures to retest the ML have signaled an exhaustion and a potential drop. XEM/USD slipped below the lower median line (LML) of the ascending pitchfork. A retest followed by an important drop below the 0.35471335 support will give us a great chance to sell this on the short term

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