UnknownUnicorn2091450

$ETH $ETH.X - Etheruem Resistance Holds? Binance 4 Hour Chart.

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
ETHUSDT
RSI is starting to decline putting off sell signals as resistance has been holding around $1250. MACD is still strong with no real sign of reversal so we may hold in the 1200k range, though if selling continues I see a drop closer to $1110 with hopes the previous line of resistance becomes support, then we see another bounce and try to break 1200. Im setting my stop loss near $1220 if the selling continues.
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.