Good afternoon, Alkalites! Here you can see that Ethereum is trading above the $4k psychological level. Also, we have found a RSI divergence that may induce retail traders to sell.
We could see a minor retracement just to see Ethereum whales liquidating positions above the key level. If this scenario develops as expected, we may see a bigger retracement filling the two step imbalance.
We will monitor this manipulated scenario to find the best entry. See you later.
We could see a minor retracement just to see Ethereum whales liquidating positions above the key level. If this scenario develops as expected, we may see a bigger retracement filling the two step imbalance.
We will monitor this manipulated scenario to find the best entry. See you later.
