Daily Update
1 hourly
200 ma acting as strong resistance at 16.21 as it coincide with downtrend line
Other MAs are converging and could potentially roll higher
RSI divergence continues (bullish?)
4 hourly
RSI Divergence here, potentially basing pattern here? (bullish?)
16.58 strong resistance here as it coincide with 200 ma
100 ma just cross below 200 ma (bearish)
Price still trade below the downtrend line (bearish)
Daily
20 MA about to cross below 100 MA could mean more selling in the days ahead before a reversal (bearish)
1 hourly
200 ma acting as strong resistance at 16.21 as it coincide with downtrend line
Other MAs are converging and could potentially roll higher
RSI divergence continues (bullish?)
4 hourly
RSI Divergence here, potentially basing pattern here? (bullish?)
16.58 strong resistance here as it coincide with 200 ma
100 ma just cross below 200 ma (bearish)
Price still trade below the downtrend line (bearish)
Daily
20 MA about to cross below 100 MA could mean more selling in the days ahead before a reversal (bearish)