we clearly see that price is holding under red line (EMA 20) which is a clear trend sign. This plunge should continue if we don't see price hitting blue line (EMA50). This is a simple ema analysis...
Note
which is a clear *short trend sign
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.