FibnFork

ETHUSD divergence

Short
FibnFork Updated   
COINBASE:ETHUSD   Ethereum
Current surge running into 2 fib extension levels + RSI divergence capping bullish momentum.
Interested to see how this 4H candle finishes. Will come back with an update when that happens
Comment:
Bearish looking doji. Both recent 4H closes with long wicks to upside (Selling pressure at that level)
Comment:
Keep an eye on RSI circled. Red area good support level if we pick up bearish momentum
Comment:
Coming down to test that level
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.