Tellor — Bearish MACD Crossover 4H Chart — Retest of 76?
On the 4H chart, Tellor was recently rejected at the EMA200 and has been correct since then. Additionally, the token flashed a bearish MACD crossover, which could lead to further downward momentum.
With almost 72%, the signal is solidly reliable for a 5% price decrease based on 28 historical signals.
However, a level of 76 should serve as strong support. If TRB bounces from there, the next logical move is another re-test of the EMA200. A break of the support brings the level of 68 to the table.
