ETH is forming higher highs and higher lows, which is bullish sign.
However on 4H chart RSI appears to be bearish , forming lower lows and lower highs.
Price is also near the last swing high level, which may indicate double top pattern (downward movement), if we don't break that level.
However on 4H chart RSI appears to be bearish , forming lower lows and lower highs.
Price is also near the last swing high level, which may indicate double top pattern (downward movement), if we don't break that level.
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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.