ETH Rejection from EMA9 (bearish signal)
Can you see how ETH is seems to be stuck under the EMA9? It appears to be pretty weak right now. It's probably too early to tell if ETH will slip and fall lower, but currently this doesn't look too good for ETH. I'm staying on the sidelines and waiting to see how this develops before even thinking about starting a position in ETH. Good luck traders!
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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.