The price of (ETHUSD) settled with sharp decline in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the dominance and the stability of the main bearish trend line, especially with its trading alongside minor trend line on the short-term basis, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses due to its neediness to offload some of this oversold conditions.

Bitcoin (BTCUSD) prices settled after sharp early losses in its last intraday trading, attempting to offload some clear oversold conditions on the relative strength indicators, especially with the beginning of positive overlapping signals, affected by its exit from the range if bullish corrective channel that limited its previous trading on the short-term basis, and there is dynamic negative pressure that is represented by its trading below EMA50, reducing the chances of the recovery on the near period.

Brent crude oil declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, in attempt to offload these overbought conditions, gathering its positive strength that may help it to rise again, amid the continuation of the dynamic positive pressure that is represented by its trading above EMA50, affected by its exit from minor bearish channel’s range on the short-term basis.

The price of (crude oil) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to rise again, and it attempts to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the dynamic support that is represented by its trading above EMA50, affected by positive formation on the short-term basis ( the double bottom pattern).