ETH recently found big support at around the 170 level and followed through with some good volume however, I don't believe the volume was enough and we are in an another bull trap. RSI is climbing on the 4hour whilst price is rising this pattern looks very similar to the previous fractal (as shown on the chart) volume dropping off and bears are ready to take over ;)
I entered a short at 224 with a tight stop at 235 Profit target: 185
Free Bobby Schmurda, Rip x ;( talk shit about my mum u get slapped big respect x peace
Rising price with RSI not increasing is hidden bullish divergence. Volume was the highest in 12 months. Weekly volume was only that high in march 2017.
WealthHustler
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Volume is crazy on bitfinex/binance but price is moving 5 - 6 dollars up/down crazy. What do you think it can be? Downside is expected? atleast to 185 levels?