The price of (ETHUSD) witnessed fluctuated trading on its last intraday levels, settling with strong gains affected by the dynamic support that is represented by its trading above EMA50, attempting to breach main bearish trend line on the short-term basis, the emergence of negative overlapping signals decelerate the rise, after reaching overbought levels, where the price begins to offload some of these conditions before rising in the upcoming period.
Bitcoin (BTCUSD) prices rose during the last intraday trading, amid the dominance of bullish corrective wave on the short-term basis that is represented by its trading above EMA50, on the other hand we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which may reduce the upcoming gains.
Brent crude oil price rose in its last intraday trading, attempting to correct the main bearish trend, amid its trading alongside supportive trend line for this track on the short-term basis, putting it under negative pressure due to its trading below EMA50, reducing the chances of its recovery in the upcoming period, especially with the emergence of the negative overlapping signals on the relative strength indicators, after reaching overbought levels, intensifying the negative pressure on the price.
The price of (crude oil) rose in its last intraday trading, reaching the resistance of EMA50, putting it under negative pressure, which intensified with the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, amid the dominance of the main bearish trend and its trading alongside minor trend line on the short-term basis.