IP Coin technicals weaken, short-term short signals emerge
From the moving average pattern, EMA(5), EMA(10), EMA(20), and EMA(60) are all in a bearish arrangement, indicating significant medium- to long-term resistance under this configuration. The market lacks rebound momentum.
On the MACD indicator, the DIF line continues to cross below the DEA line, and the green bars are expanding, indicating that bearish momentum still dominates, making a reversal unlikely in the short term.
The Bollinger Bands provide a clear signal — the upper band is around 2.83947, the middle band near 2.56420, and both lines are continuously sloping downward. This downward opening trend usually signifies a confirmed bearish trend.
Considering these indicators, it is advisable to focus on shorting opportunities in the short term.
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DataPickledFish
· 11h ago
Here comes the bearish alignment again, always saying to short, but what’s the result?
All moving averages are bearish, but the rebound just won’t stop. Is this data really reliable? Haha
When the Bollinger Bands open downward, does that mean a definite fall? I think it’s just a scythe sharpening.
I believe in the MACD green bars expanding, but what about those who are shorting now?
Can we still trust the technicals in this wave? It feels like just a display.
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token_therapist
· 11h ago
The bearish arrangement is so rigid, it feels like a breakdown is imminent.
Both EMA and MACD are involved; this time it's really heartbreaking.
IP coin should have adjusted long ago; just looking at it makes me uncomfortable.
Are Bollinger Bands hopeless? It looks like it's really going to fall now.
Shorting? I'll wait and see; afraid of catching the bottom and buying at the top.
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PseudoIntellectual
· 11h ago
The bearish arrangement is so obvious, what am I hesitating for? Just go short directly.
It's the same old moving average theory, always claiming the trend is confirmed, but a small rebound blows up the position.
What’s the use of the Bollinger Bands opening downward? The key is still what the big players are thinking.
IP coin really should be shorted, but I chickened out...
MACD green bars expanding? Wait, I need to look at the chart again, I feel like I’ve been tricked.
Such a strong bearish signal, but I’m actually a bit scared, always feeling there’s a trap.
All indicators point to shorting, but the crypto market just loves to go against you. Better to hide now.
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MetaMaskVictim
· 11h ago
Here comes another bearish alignment. Every time I say this, the market reverses and pushes up. IP coin is just like this.
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MemeCoinSavant
· 11h ago
lmao so basically every indicator is screaming "sell" and we're supposed to just... ignore it? nah fr this time the chart actually looks genuinely cooked
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PanicSeller69
· 11h ago
Another short signal? I've heard this claim over fifty times last year, and what was the result?
I really can't look at MACD anymore. Watching it too much easily leads to depression.
A bearish arrangement is just a bearish arrangement; the key is who has the guts to really throw in at this moment.
Bollinger Bands opening downward... Is it even necessary to analyze such an obvious move? It's already fallen to the dogs.
Shorting opportunities are everywhere, but no one is stepping in to take the bait.
IP Coin technicals weaken, short-term short signals emerge
From the moving average pattern, EMA(5), EMA(10), EMA(20), and EMA(60) are all in a bearish arrangement, indicating significant medium- to long-term resistance under this configuration. The market lacks rebound momentum.
On the MACD indicator, the DIF line continues to cross below the DEA line, and the green bars are expanding, indicating that bearish momentum still dominates, making a reversal unlikely in the short term.
The Bollinger Bands provide a clear signal — the upper band is around 2.83947, the middle band near 2.56420, and both lines are continuously sloping downward. This downward opening trend usually signifies a confirmed bearish trend.
Considering these indicators, it is advisable to focus on shorting opportunities in the short term.