This entire downtrend pattern has shown textbook RSI response. It may change any time, but i'm thinking there will be one or two more enactments of this pattern before a market reversal happens. None of the lines I drew in at the end represent accurate value, it's just a rough illustration. The thing to look for here is a lower high on the RSI. This indicates a strong sell signal. This should correspond to a higher high in the price. That will likely be the local peak.
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