eternalpain1000

ethereum analysis

Short
FX:ETHUSD   Ethereum
on the weekly time frame we can place a trendline connecting the swing lows of the uptrend, also there is an rsi divergence and candlesticks rejecting the zones and decreasing steam. On the daily time frame if the price breaks the trendline and the 50 period exponential moving average that will be in my opinion a confirmation of the begining of a downtrend. and we enter on the candlestick who has break the trendline and the 50 period exponential moving average.
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