Hi guys; here's just a small analysis;
The RSI is rather close to the oversold area, so it is wise to anticipate that it will most probably try to go back up again (perhaps to the 50 neutrality level)... The MACD also has a possibility of turning-back-upwards as well (perhaps back to the 0.000 level again)...
In addition, the Ichimoku MA (bright-green) is also separated "rather far off" (from the bright-red MA ) now, as such, price has a good probability of turning back up a little bit more (like the jaws of a crocodile ready to close once again)...
Additionally, the price may also want to try to retest the cloud supports area... (Price pullback & retest...)
Best regards.
Trade safe.
The RSI is rather close to the oversold area, so it is wise to anticipate that it will most probably try to go back up again (perhaps to the 50 neutrality level)... The MACD also has a possibility of turning-back-upwards as well (perhaps back to the 0.000 level again)...
In addition, the Ichimoku MA (bright-green) is also separated "rather far off" (from the bright-red MA ) now, as such, price has a good probability of turning back up a little bit more (like the jaws of a crocodile ready to close once again)...
Additionally, the price may also want to try to retest the cloud supports area... (Price pullback & retest...)
Best regards.
Trade safe.