A moving average of 50 periods crossed the 100-period down, this is a strong downward signal. When closing the daily chart in low again, the MMA -9.26% of 50 can cross the one of 150, further confirming the bear trend. The MACD is starting crossover down. These crosses are strong bear signs.
If you are holding ETH, be careful. I sold all mine to buy cheaper near the blue line highlighted in the chart as it is a powerful resistance. DYOR, Good luck!
If you are holding ETH, be careful. I sold all mine to buy cheaper near the blue line highlighted in the chart as it is a powerful resistance. DYOR, Good luck!
Trade active:
Shorted ;)
Trade active:
Breaking support. Shooort!