MACD & RSI Trendline breakout towards the downside with support on 100 & 200 EMA. An incoming retest of those levels will provide us with more information whether it's a buy or sell.
I am leaning towards a sell because MACD Trendlines has never been wrong yet. Same exact setup for ETH except ETH has fallen 7% since sell signals have plotted and 100 & 200 EMA failed to act as supports.
I am leaning towards a sell because MACD Trendlines has never been wrong yet. Same exact setup for ETH except ETH has fallen 7% since sell signals have plotted and 100 & 200 EMA failed to act as supports.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.