This is the third chart on which the RSI closes on the upper bearish blue from below (see the two previous posts for more).
Unless Ethereum can overcome these and with at least a safety margin of ~1%, then a good-sized downside/correction is in play. If, however, it manages to break above them, then a low risk long is confirmed.
Unless Ethereum can overcome these and with at least a safety margin of ~1%, then a good-sized downside/correction is in play. If, however, it manages to break above them, then a low risk long is confirmed.