jacobosiason7

ETH sitting right on its 20day EMA

Short
KRAKEN:ETHUSD   Ethereum
ETH sitting right on its 20day EMA at the moment and approaching the end of another rising wedge ( bearish )- See Previous Charts
- Following an ABCDE pattern from the previous rising wedge it broke below
- Bearish divergence on the RSI
- Expecting further downside, watching for a long-term entry circa/sub $2,000


ETH forming a symmetrical triangle- will be watching closely to see which way it breaks for possible long entries.
- Buyer volume is drying up and bearish divergence on the RSI
- Bearish Gartley formed on the 30-minute timeframe



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