ETH / BTC bearish overview
It does not look good for bulls.
> Rejected by price resistance
> RSI showed a bear div 0.30% and a terrible double top in the bigger picture
> MACD extremely bearish
> OBV too, the volume is going to the red side
Possible dead cat bounce in the next price support area (which coincides with 0.382 fib)
> Rejected by price resistance
> RSI showed a bear div 0.30% and a terrible double top in the bigger picture
> MACD extremely bearish
> OBV too, the volume is going to the red side
Possible dead cat bounce in the next price support area (which coincides with 0.382 fib)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.