has reached the bottom of the channel it has more or less remained in since early May. Daily RSI
is in the mid 30's, which is a very weak area, with a bearish
divergence. Price action has also fallen below the daily Ichimoku Cloud
and is forming a bear triangle. The 4 HR
chart looks more appetizing, with Stochastic RSI
reaching oversold levels. There may be a quick play to be made here, however, I will not be entering this trade. If you decide to take a position, I would recommend buying near market value, with a stop-loss no lower than 0.00071.