We are near the top of the channel (wich might also look like a bear flag). A nice reversal candle is forming, we need to wait for it to close for a full confirmation tho. Bearish divergence on MACD. RSI above 70. I know that it only mean that the up trend is strong but it's been a while since it didn't go above 70 on 3D. Stochastic looks good for a short too....
BTS is exhausted ! We need at least a retracement to 8,5K to continue a bullish trend but for the moment all i see is bearish divergences on RSI (H4 and D1), volume decreasing, loss of momentum.
Just my opinion, trade at your own risk.
Hi, thanks for reading my first (published) idea about Ethereum. I don't plan to be really active but there are some trades in wich i'm so much confident that i can only share them. Trade at your own risks.
Most importants bullish elements :
-Perfectly bounced off a PitchFan line
-4h triple bullish divergence (RSI + MACD) (strong buying power -> support will...