Failed Take off for ETHUSD

This is almost exactly the same post as my BTCUDSD post for the day. An indicator that I like to use to help see through the noise is the Hull MACD, which is a difficult indicator to use because they are not a lot of resources on it. But generally a bearish cross is a bearish cross. I highlighted in yellow what the H-MACD looks like when you are moving through a bubble and we certainly don't see that behavior. In other words, this bearish cross will tend to bring the prices down. We may see this bearish cross on the H-MACD cause some convergence on the normal MACD leading to a bearish cross there, which I have highlighted a previous example in blue.

Additionally the 1h chart has some bearish divergence setting in. This peak is lower than the last and we had to get the bearish divergence to do this. The overall sentiment has not been enough to give this upswing any real momentum. This isn't quite enough for me to go short but I am thinking about it. But both the micro and daily charts look poor enough that my optimism has turned to neutral (at the very best).