Short term bounce, long term downtrend

*Not financial advice, just an idea

S1 indicates the support level, low volume and previous support as indicators.

RSI daily reading into low 30s, oversold, reversal likely.

MACD crossover, buy signal.

No miner capitulation yet.

*Likely scenario, move towards R1. Followed by drawdown towards S1. Further confirmation needed for longer term. Miner capitulation around the corner? *