Ethereum. It's time to sell
Today, the Ethereum test network is to be switched to the PoS algorithm. In this regard, high volatility is expected.
1. We see that a rising wedge has formed on the chart, which usually signals a further decline.
2. In addition, we see that the RSI and Stochastic indicators are in the overbought zone.
3. MACD also shows signs of a trend reversal.
All of this is perfectly in line with the well-known proverb: Buy on rumors, sell on the news.
Therefore, we expect a decline of at least 0.032 BTC per coin.
1. We see that a rising wedge has formed on the chart, which usually signals a further decline.
2. In addition, we see that the RSI and Stochastic indicators are in the overbought zone.
3. MACD also shows signs of a trend reversal.
All of this is perfectly in line with the well-known proverb: Buy on rumors, sell on the news.
Therefore, we expect a decline of at least 0.032 BTC per coin.
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