ScotianBot

Classic Bearish Divergence on Ethereum?

COINBASE:ETHUSD   以太坊
Wow, do I need to say anything else?

The bullish price action in Ethereum is warranted given the Macro environment, but if you remove emotion from the chart there is clearly a bearish divergence noticeable on this log scale chart.

There's merit for an Ascending Channel which is outlined in GREEN, time will tell.
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