the Ethereum price is since beginning of August in "sideways" movement ( 360 - 410 $ ) and seems to lose buy volume. If the market doesn't start another up wave and break & close above drawn red resistance line a strong down correction to 280- 285 $ is very likely to happen because market wasn't strong enough to form a higher high on the daily chart.
Indicators:
- MACD buy volume is near 0 line / reversal to sell volume and the baselines are near bearish crossing --> sell signal - RSI baseline going back into usual range after moving several days in the overbought area --> sell signal - Generell sell volume start to rise --> sell signal
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