hbayatne

Finally a short Scare on ETHEREUM

COINBASE:ETHUSD   Ethereum
I am not saying this will happen, but the RSI is starting to show signals of a divergence and although the charts show very consistent bullish trends there is a halt in price action upwards. We are noticing many areas of confluence and resistance around 1850. Look for a short term dip pretty soon. If the announced stimulus effects equities negatively and confidence in the DXY increases we will start a downward correction for crypto in general. This could be speculation and premature, but please keep up with posts and updates on what price action does throughout the rest of the day. If you have great profits, nothing wrong with taking some now and living to see another day. If the bull trend continues don't be discouraged because we will see another correction soon regardless. This is not trading advice, just an analysis of the trends. Happy Trading
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