Getting some positive signals for a bullish market. Price troughs forming a declining line while RSI troughs forming an inclining line, which is the RSI divergence signal. It holds more significance at the 30 level as this is usually the over sold range. The majority of orders are buyers which should also push price action up. I bought into ONE a few weeks ago...
The peaks and troughs are getting narrower. This is indicating a continuation of the major trend.
We're seeing growing support in the secondary trend with higher and higher troughs. This is looking positive to break out above the major trend resistance line.
Double Top formation followed by declining RSI peaks. I would expect to see further drop off