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ETH forming bearish engulfing on weekly and more...
Ethereum Futures
ETH forming bearish engulfing on weekly and more...
By ROYAL_OAK_INC
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Jan 5
0
Jan 5
Battle happening with
ETH
at the moment.
#ETH pumps but it cannot hold them.
ETH
is really struggling @ major resistance.
Recently it did break the uptrend and bounced back above.
As of now it's under it again and in the middle of an intraday downtrend.
#ETH RSI & $ FLOW peaked in mid November & have formed negative divergence since then this means it is weakening.
Volume is also lessening with some selling showing up.
CHART SHOWN IS WEEKLY
Weekly #Ethereum forms a bearish engulfing but it lacks volume
Arrows show previous instances.
Chart Patterns
crypto
ETF
ETH
Ethereum (Cryptocurrency)
Technical Indicators
Trend Analysis
ROYAL_OAK_INC
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