ETHUSD Gotten overextended, broke down from pattern. I'm short.
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We were in an ascending wedge on Ethereum, and it appears to have broken down. 3h and higher intervals show bearish STOCH RSI, we have come pretty far from the buy signal, looks likely to retrace further here.
Will confirm if a sell signal paints on the Supertrend. Target 167-168 to take profit with half of position, will reassess at that time.
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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.