The price of (ETHUSD) rose in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trend line for this trend, with the continuation of the negative pressure that is represented by its trading below EMA50, reducing the chances of its recovery on the near-term basis, with the emergence of the negative signals on the relative strength indicators after reaching overbought levels.
Bitcoin (BTCUSD) prices settles lower on their last intraday trading, to reach the main support at $90,000, this support was our expected target in our previous report, accompanied by forming negative divergence on the relative strength indicators, after reaching overbought levels, amid the dominance of the bearish trend on the short-term basis, with its trading alongside main and minor trend line that reinforces the dominance of this track.
Brent crude oil price declined in the last intraday trading, due to the stability of the key resistance at $64.35, leaning on the support of its EMA50, in attempt to gain bullish momentum and offloading its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to regain the bullish momentum that might help it to breach the mentioned resistance.
The price of (crude oil) declined in its last intraday trading, in attempt to gain bullish momentum that may help it to rise, and it attempts to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of minor bullish channel on the short-term basis and its trading alongside trendline.