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FutureBlockchain
Feb 12, 2021 10:25 PM

ETH - is a retrace imminent ? Short

Ethereum / U.S. dollarBitstamp

Description

Hi all,

Just like with BTC, there is a bearish divergence for ETH. We could also see how the price reacted once it touched the upper boundary of the rising wedge today. Not looking good. A correction to $1,530 is quite possible, so will be monitoring the development here.
Cheers,
Comments
Deansmoney
Hope it corrects to $1440 or below.
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