D4rkEnergY

Ethereum in MAJOR Problems - Will This Make BTC Even Stronger?

BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
It looks like the Parabolic move is over for Ethereum - We have Regular Bearish Divergence on the 5th Wave. We are about to go below my crucial line -this looks like the A-wave . ETH against USD looks pretty healthy so far, but if we take a look at the ETH/BTC Chart it starts to look very bad - we are here inside a huge descending triangle , which looks very scary.



This makes sense in regard to FA also - We dont have a lot ICOs anymore. Back then one of the reasons why we saw a super strong ETH, was because investors needed ETH to buy into ICOs.

- D4

Remember that LIKE if you appreciate the content!
Comment: ETHUSD still in troubles - We are still trading the A-Wave. We have very clear Bearish Divergence on both RSI and MACD.

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out