The price breaks the strong support zone formed by the uptrend line and 10000.00 support level. MACD and DMI confirm further falling. RSI drops to the oversold zone. Probably the market will be reversed at one of the possible support zones. The 1st zone is formed by the bottom line of the descending price channel and 8000.00 support level. If the price drops below, the 2nd support zone will be at the uptrend line. These 2 support zones will be good for buying based on confirmed reversal signals.
Comentarios:
The price reached 8000.00 support zone. But we don't have any confirmations that the price bounces. We need at least 1 day for getting the 1st bullish signal.
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