Not financial advice, DYOR.
So, ETH has been very bullish lately and that always brings a lot of hype, however, it's right now overextended and forming a peak formation at the top and new ATH.
I believe it's a good oportunity for a short, but as always, we need to wait for a confirmation, if it holds the 50 EMA in the 1hr, then we can expect new highs coming soon.
So, ETH has been very bullish lately and that always brings a lot of hype, however, it's right now overextended and forming a peak formation at the top and new ATH.
I believe it's a good oportunity for a short, but as always, we need to wait for a confirmation, if it holds the 50 EMA in the 1hr, then we can expect new highs coming soon.