The price of (ETHUSD) deepened its losses in its last intraday trading, with the emergence of negative signals on the relative strength indicators, after offloading its oversold conditions, opening the way for recording more of the losses, amid the dominance of the main bearish trend on the short-term basis and its trading alongside supportive minor trend line for this track.
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Bitcoin (BTCUSD) prices kept declining during their last intraday trading, leaning on the critical and psychological key support at $100,000 preparing to break it , amid the continuation of the negative pressure that comes from its trading below EAM50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside minor trend line that intensifies the negative pressure, amid the emergence of the oversold conditions.
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Brent crude oil prices declined in their last trading on the intraday levels, surrendering to the negative pressure as it reached the resistance of the EMA50, accompanied by the relative strength indicators reaching overbought levels, exaggerated compared to the price move, adding negative pressure on the upcoming trading amid the trading alongside minor bearish trendline on the short-term basis.
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The price of (crude oil) declined in its last intraday trading, as it reached the resistance of its EMA50, which put it under negative pressure, amid the dominance of the main bearish trend and its trading alongside trendline, besides the beginning of negative overlapping signals on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, to suggest forming negative divergence.
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