ETHBTC Bearish Guys. Time to accumulateIf we are looking on ETH it s extremly bearish because:
-RSI now is situated below neutral zone
Stochastic RSI bearcross confirmed and it s oversold BUT the sell pressure persisting
MACD bearcross at 3D timeframe(it s huge) and will going down 100%, MA bear cross,we have a huge resistance from ichimoku and also volume is low,these indicators are also bearish
Supports are: 0.028 , 0.0267 and 0.025973 at 3D TIMEFRAME
Constantinopole
Ethereum RE-BUY
ETHBTC it s situated into a rising wedge which will result probably into a breakdown from this wedge.
ETH was tested 0.0376 Resistance line and now they want to push higher but in stochastic RSI we have a bear cross,RSI and macd it s a little overbought at 1D timeframe.
We are above ichimoku cloud which is a bullish sign but probably they need to cool down a little bit . My target for RE-buy is 0.0331 (i m solded only 50%)