RSI seems to have hit an exhaustion on the 4h time frame, whilst on the daily timeframe it is currently hitting the 200 EMA, although the trend seems to be downwards since the RSI is giving a lower low and breaking support, a quick upper wave may be approaching,, a relative intensity to the 50 or 200 EMA line, before continuing its descent.
This is not financial advice, just an opinion over a possbility over a reading of the actual trend.
Short term: Bullish
Long term: Bearish
This is not financial advice, just an opinion over a possbility over a reading of the actual trend.
Short term: Bullish
Long term: Bearish