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Ethereum (ETH) - We Are Still Below 100 EMA

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ETHUSDT SPOT (BYBIT:ETHUSDT)  
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BYBIT:ETHUSDT   ETHUSDT SPOT
Trend Analysis Chart Patterns Technical Indicators Ethereum (Cryptocurrency) ETH Relative Strength Index (RSI) bollingerbandstrategy overbought crypto BTC Bitcoin (Cryptocurrency)
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trendanalysis chartpattern indicator ethereum eth relativestrengthindex bollingerbandstrategy overbought crypto btc bitcoin
On a weekly timeframe, our attention is still on reaching the lower side of the triangle formation here. We see that the price just keeps rejecting that zone, which indicates a potential movement to lower zones here!

We are holding our eyes open for some sharp movements here and we are going to start slowly shorting ETH as well!
Comment:
snapshot

ETH is showing further weakness on daily timeframe where price is being rejected from resistance and being send back towards both 100 and 200 EMA
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