Get started
Ethereum / TetherUS
Short

Time to take some profits on ETH

By nsj5cw
Really simple analysis but ETH has found a twice proven upwards resistance channel and has looked to not break this resistance for a third time in a row. The MACD is also showing potential for reversal and is looking quite maxed out at this point. I'm going to keep my eye on it but if the 1 or 4 hour chart gives a bearish engulfing signal I will be looking to sell and take some nice profits before buying back up after the pullback
Chart PatternsETHTrend Analysis
nsj5cw

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.