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Continental_Forex
7 de May. de 2021 11:20

ethusd Corto

Ethereum / U.S. dollarBitstamp

Descripción

everyone should be careful with eth because its making a divergence
the price could drop to the 3000 or even lower
Comentarios
MrBrickTrades
Thank you for your analysis, my chart looks similar
KeithDecker
I notice the RSI divergence in my own analysis as well. And my Phoenix Ascending indicator seems to say we are due for a big downward swing sometime in the next few days. There are a lot of bullish fundamentals going on though, so in the short term I am not surprised by continued sideways or upwards movement. Be careful longing that though. I feel like the safe play is to watch for a bounce off the ceiling of resistance to open a short, and then watch for if it bounces back up to close the position, and repeat opening and closing shorts like that until it eventually cascades downward for a big correction. When it eventually gets to its low point, I personally expect that to be around $2800, though there are other resistance levels for it to break through before getting there. Now, that's just all my perspective, and I could be wrong on everything, so as usual do what makes sense to you as opposed to simply what someone else says.
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