Brent declined in its recent intraday trading, amid the domination of bullish correctional wave on the short-term basis and its trading alongside a trend line, supported by its continuous trading above EMA50. Which makes the price offload its clear overbought conditions that appear on the (RSI) indicators in its recent decline, especially with the negative signals that appear from it, and that make the price gather its positive strength that might help it recover and rise again.
Bitcoin (BTCUSD) jumped higher in its recent trading on the intraday levels, to succeed to breach its current resistance at $86,000, amid the dominance of bullish wave on the short term basis alongside bearish trend line, appointing that the bullish trend will be the dominant, and there is a continuous positive support due to its trading above the EMA50, beside the positive signals that appear on the (RSI) indicators, despite reaching overbought levels.
Ethereum (ETHUSD) rose in its recent intraday trading, affected by breaching a main bearish bias line on the short – term basis, supported by the negative signals that come from the (RSI) indicators, to succeed in its last upside moves to surpass the negative pressure of the EMA50, opening the way towards achieving more gains.