ETH , Caution its Moving Down !!
WIth ETH just broken down the rising wedge with bearish engulfing weekly candle indicating ETH will drop down toward 852 , its suggested shorting from 1570 and all confirmed with Divergence
Note
Additional Comments : Resistance as seen in the chart is 1609 but we have recommend selling from 1577 I didn't mention that volume remain decreased since the end of January and last week candle was filled by selling accumulation activity with volume increased
ibb.co/ZGmL904
Trade active
Note
with closing above 1766 its now bullish toward 2200$
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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.