I still think prices will crack the 3 % level in the weeks ahead so stay short & continue to place the proper stop loss as I still believe the risk / reward are in your favor as the longer - term
downtrend line remains intact.
Coffee prices are still trading under their 20 and 100 - day moving average as the trend is lower and
the downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved in next week's trade.
Not exact matches
Overall, on a technical basis, most cryptos
remain in clear
downtrends and are below their respective 200 - day moving averages, as well as being below their
downtrend lines.
Bitcoin Cash firmly
remains below the
downtrend line.