theponzimaster

ETHUSD - Losing traction against Bitcoin but still in channel

Short
theponzimaster Updated   
COINBASE:ETHUSD   Ethereum
Looking at the Stoch RSI and Bollinger Bands it looks like ETH may be losing momentum. It's right on the signal line in the BB, and the Stoch is looking bearish and not yet oversold.

However, it is still within an overall upward channel and if it can stay in this channel the trend overall is positive. Let's see how it performs, right now capital is flooding into BTC.
Comment:
Perfectly testing the channel as resistance now and unable to break back in. Lovely bit of TA
Comment:
Returned to the channel.

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