TheSignalyst

Ethereum - ETHUSD Potential Bearish Movement

Short
KRAKEN:ETHUSD   Ethereum
Ethereum - ETHUSD Potential Bearish Movement

we are waiting for a momentum candle close below 185.0 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
4- Supply / Round number in purple 200.0 (in purple)

Three confluences are enough to consider Selling ETHUSD, after a break below 185.0 (in gray)

** meanwhile, this one is overall bullish until the sell is activated

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