ETH is at resistance trendline and top of 1H BB.
RSI is at resistance on 1H.
If this breaks down, I expect ETH to test 1515 following a 1H MA50/200 bearish cross.
Low volume to carry it any farther and almost every impulse is being sold.
IF advance above trendline to 1650.
Good Luck
RSI is at resistance on 1H.
If this breaks down, I expect ETH to test 1515 following a 1H MA50/200 bearish cross.
Low volume to carry it any farther and almost every impulse is being sold.
IF advance above trendline to 1650.
Good Luck
Trade active
top of 4H BB, now volume to support advance, H&S, Lower High... Not looking strong for more height. I will SHORT here 1590, looking for 1515, then lower.
Note
ETH Rising Wedge. Resistance just under 1700. My S/L is a daily close above 1650. Let's see how today trades.
Note
ETH 1H MACD at resistance
Note
Updated S/L to 1550
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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.