Eth Nearing a ledge
Updated
- Adx not showing any emerging trends just yet
- Daily timeframe shows a bearish RSI divergence from price
Will have to wait to see which structure prevails. Expect an explosive move once consolidation ends.
- Daily timeframe shows a bearish RSI divergence from price
Will have to wait to see which structure prevails. Expect an explosive move once consolidation ends.
Note
Update*ETH has finally broken out of the bullish ascending triangle accompanied by good volume and a building momentum on the adx. It's not too far to say it may be the start of the next run.
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