Ethereum will fall. MAs tell us so!!!

Look at the circle I drew. Normally, when the 21 and 55 MAs diverge like you can see, we can expect a large move in the direction of the death or golden cross. We can see a death cross, pointing at a bearish trend. Price action is also touching the 60 Fibonacci level and if it falls further, a bearish trend is likely to continue.

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.