MonoCoinSignal

A negative divergence formed on the RSI!

BINANCE:ETHUSDT   Ethereum / TetherUS
In the last 24 hours, Ethereum broke its uptrend line on the 4-hour time frame, and this break indicates that the range trend could continue. Ethereum's current support is at $1,530-$1,555, which has yet to be touched by candles. Suppose a collision is accompanied by a positive reaction, the probability of fake breaking the upward trend line increases. We can also consider a short-term ascending channel in the 4-hour time frame. The bottom support of the channel exactly overlaps the specified static support. So as long as this support is maintained, the upward movement can continue inside the channel. But if the support is broken, according to the negative divergence formed on the RSI, there is a possibility of a further price decline to $1,400-$1,450. We expect a stronger reaction from this area.

🥇Join our free Telegram channel and claim your trial ➜ t.me/monocoin_public

🥇Enjoy a 7-day free trial of our services with Cornix

👤Admin ➜ t.me/monocoin_admin
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。