ETH forming bearish engulfing on weekly and more...
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.
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.
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