cloudreaver

ETHUSD Short to 168

Short
BITFINEX:ETHUSD   Ethereum
3D chart looks bad.
1. Stochastic DMI triple top and curving down
2. Stochastic RSI overextended and curving down
3. Fisher Transform downtrend
4. Laguerre PPO reset and curving down
5. Price still below the 21 EMA resistance, where it might bounce off and dump
6. Long-term symmetrical triangle, which is usually a bearish continuation pattern
7. 168 is the yearly low, which hasn't been tested yet

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.