Ethereum Weekly Scenario $ETH has printed a RSI weekly bearish divergence & I'm patiently waiting for a retest of previous ATH in the $1480-$1350 range if the opportunity arises, note when Bitcoin broke it's ATH we never ended up seeing a retest of it's ATH so this scenario could be front run & we might not see this play out. One thing i've learnt over the past 4 years of trading in these situations is to sit on the side lines in cash & await a confirmed setup to establish positions. Bids in the range above if we get this opportunity will be a brilliant risk to reward opportunity to establish long term ETH positions with a lot of upside potential considering ETH has broken ATH, once we see some higher timeframe trend changes on the ETH/BTC chart this should give a lot of fuel to see accelerated appreciation in the USD value of ETH.
