mrnav

ether reversal in slow motion

BINANCE:ETHUSDT   Ethereum / TetherUS
Ether and BTC always take their time to make big moves. Possible bullish divergence on RSI and price action shown in the orange arrows. It could be because the 12 hour chart is still in motion and another drop could be coming. But its in the process of a descending wedge (reversal pattern).
Also nicely lines up to the 0.236 fib level.
Could still drop towards $90
resistance has been strong but only needs to break once and a price spike is likely once it breaks through.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out