Price is also hitting and hoovering around a famous 1433-1448 price range. If it breaks the 1448, we can expect a strong upward movement.Usually this is the region where institutional investors get involved. For more accuracy, add session to see if it makes sense
indicates that movement had very low despite a 100 usd price drop. This means that the drop is not supported by many participants and therefore we should expect the price to head upward.
RSI- was changed to 8 in order to reflect a short term movement. Despite that, we should also pay attention to the fan lines indicated in green. If the price does end breaking through all three lines, we will be in a strong close to 2000 price up trend.