EthereumShort
Bearish divergence between RSI, MACD & Ethereum price 1D
Ethereum could be ready to move lower as the daily chart shows the MACD with a bearish crossover. The RSI also began a new downtrend.
Bitcoin is close to turning over on the MACD, but it didn't happen yet. We could see a bigger drop over the next few days into next week.
Of course, we'll have to see how the market interprets the Feds meeting on 1/31 and 2/1.
Bitcoin is close to turning over on the MACD, but it didn't happen yet. We could see a bigger drop over the next few days into next week.
Of course, we'll have to see how the market interprets the Feds meeting on 1/31 and 2/1.
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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.