Short

Short ETH or take profits - Bullish Divergence

Updated

If you are suffering FOMO over the ETH runup in price don't worry - there is some indication that we are due for a correction due to the major RSI bullish divergence here. ETH continues to make higher highs but the RSI is making lower lows. Basically, a true warning that if you caught this last wave you might want to take profits and run and for those that didn't - worry not. Wait till it hits the EMA 50 or 20 again before thinking about buying in.

Note

ETH down around 9% - correct analysis

Note

I was incredibly right. If you didn’t sell like I recommended - how does it feel?

timj

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