(BTCUSD) continued to rise during its latest intraday trading, amid the ongoing dominance of the main short-term uptrend. With its latest gains, the price is attempting to break above the resistance of its EMA50, in an effort to overcome the technical pressures and continue its recovery in the coming period.
Despite the continued positive momentum, the Relative Strength Index (RSI) has begun sending negative signals after reaching extremely overbought territory. This could limit the pace of further gains or lead to some volatility and profit-taking before the bullish trend resumes.
(Crude Oil) slipped lower during its latest intraday trading, as part of a corrective move that led it to find support at its EMA50, which limited selling pressure and gave the price an opportunity to search for a higher low that could form a base for a new upward move.
More(SILVER) rose during its latest intraday trading, with the price attacking the current resistance level at $60.00, benefiting from the dominance of the short-term bullish corrective wave, while moving along a supportive trend line that reinforces the stability of this upward path.
More(GOLD) rose during its latest intraday trading after finding support at its EMA50, regaining its positive momentum and attacking the key resistance level at $4,100, supported by the continued dominance of the short-term bullish corrective wave.
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