abimbk01

abimbk01

Price Rally aggressively Towards main resistance Price lifts from main resistance and then hovers on cloud on a higher resistance Lifts from higher resistance attack cloud and test main resistance if(above cloud){BUY}

abimbk01

A series of pounding by bears over here Plus the price is sitting under 20EMA

abimbk01

Bear Pressure proving to continuously overpower bulls.

abimbk01

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abimbk01

Calling further drop of Crude Oil -

abimbk01 Updated 

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abimbk01 Updated 

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abimbk01 Updated 

What do you have to gain?

abimbk01 Updated 

Seem that Oil Price is set to bounce off my highest moving average on my H4 Chart.

abimbk01

Price has broken my moving average and retesting this major support

abimbk01 Updated 

What are your thoughts?

abimbk01

All I am suggesting is look at the resistance zones. I have the feeling after seeing some gains on LTC that the price will move down towards 28USD before the increase. Feel free to share your views