Looking at ETHUSD on the daily chart
* Price working its way up into the reload short zone
* Double top in price (Bearish signal)
* Bears technically still in control of volume but both bulls and bears are falling a sleep
* RSI really in no mans land atm
* Histogram has fired off a few bearish divs but now it is in convergence, no bearish sell signal yet
* POC is sitting all the way down between the 618 and 786 fib
With ETH looking very similar to BTC, I think BTC atm is the front runner and I need a few more signals for me to fire off a short.
* Price working its way up into the reload short zone
* Double top in price (Bearish signal)
* Bears technically still in control of volume but both bulls and bears are falling a sleep
* RSI really in no mans land atm
* Histogram has fired off a few bearish divs but now it is in convergence, no bearish sell signal yet
* POC is sitting all the way down between the 618 and 786 fib
With ETH looking very similar to BTC, I think BTC atm is the front runner and I need a few more signals for me to fire off a short.