ETH analysis
NFA, DYOR.
Price around 200 EMA on 4H timeframe.
Bearish divergence on RSI.
Triple top just under the supply zone.
Testing trend line with no bullish reaction for now.
If the candle closes below this line, short seems logical.
TP on swing low and 4H demand.
Price around 200 EMA on 4H timeframe.
Bearish divergence on RSI.
Triple top just under the supply zone.
Testing trend line with no bullish reaction for now.
If the candle closes below this line, short seems logical.
TP on swing low and 4H demand.
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