ETH could be preparing for a move down from here after showing Bearish Divergence on the RSI. Price moved higher while RSI trends lower.
A similar picture on the Daily. ETH also coincidentally is testing the 200MA and finally pushed RSI to 15-month resistance.
Short term supports:
~$3,200
~$3,000
Here is a chart I am going to expand on in the future but for now here it is for reference.
A similar picture on the Daily. ETH also coincidentally is testing the 200MA and finally pushed RSI to 15-month resistance.
Short term supports:
~$3,200
~$3,000
Here is a chart I am going to expand on in the future but for now here it is for reference.
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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.