- Still on the larger part of bearish channel trend.
- See the chart to see detail for upcoming resistance and support for short term.
- Indicators remain bearish for now and extremely oversold on 1 day chart, i expect a bounce in near future.
- DMI : -DI (seller power) is beginning to stalled,+DI (buyer power) and ADX (momentum) is still weak.
- RSI : Currently entering the oversold area.
- MACD : macd line is hovering on bearish area yet the histogram seller is appear still continue it's pressure for now.
peace._