Bearish trend still looks to continue as the market has not shown any significant signs this will slow dow
- RSI shows momentum is still on the bearish side, with a slight bullish divergence. However, the magnitude is still not enough to say the trend is not continuing.
- price action has not broken the bearish funnel
- RSI shows momentum is still on the bearish side, with a slight bullish divergence. However, the magnitude is still not enough to say the trend is not continuing.
- price action has not broken the bearish funnel