dennisdaiber

ETH/USD bearish divergence

Short
BITFINEX:ETHUSD   Ethereum
Following the bitcoin, ether is down almost 12%, after the latest peak at $178. It seems like ETH is approaching the 20-day moving average, where it might get the support. However, there is also a very strong bearish divergence on a daily RSI, that might drive the price further down.

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