LochubT

KSM, near the downtrend line.

Short
KRAKEN:KSMUSD   Kusama
The following are machine translations:

In the 4-hour chart, this wave of decline has formed a downtrend line, which is currently a rebound and blocked by the downtrend line on the way down, and there are signs of decline.
The indicator macd belongs to the rebound of the bearish trend, and the bullish energy column begins to shrink. The RSI indicator rebounded to the neutral 50 and turned down.
Summary: The comprehensive pattern and indicators are bearish, the operation can be short, break through the downtrend line and stop loss, and look at around 47 in the short-term.

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