As for now, the technical analysis can be seen on the chart, one more thing is that, in the daily time frame you can see the RSI oscillator is also attempting the break the downtrend resistive line which is a double verification for what we see is 1 hour timeframe which is shown in the chart. We can tell that the overall bearish trend is going to be over and the trend is forming a new uptrend rally.
Technical IndicatorsTrend Analysis

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