Ethereum Bearish Signals

Jul 13, 2020

We have multiple bearish signals on the Ethereum (ETHUSD) chart.

• First, we have a lower high compared to 8-July.
  
• Second, the MACD is showing a strong bearish cross.
  
• Third, strong rejection yesterday/bearish candle.
  

Prices can easily drop based on these signals.

The next support level is marked on the chart.

Namaste.

Jul 13, 2020

Trade closed: target reached

$236... Target hit perfectly.

Thanks a lot for the support.