ETHUSD is now breaking and closing below EMA50 on the daily (D) timeframe and RSI moving averages are also showing Weekness.
Closing below EMA 50 and showing low volume and lower highs on price... This can lead to a strong drop.
Moving averages on RSI at Weekly time frame is also very bearish.
Please take a judicious call for your trades.
Thank you
Closing below EMA 50 and showing low volume and lower highs on price... This can lead to a strong drop.
Moving averages on RSI at Weekly time frame is also very bearish.
Please take a judicious call for your trades.
Thank you
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Related publications
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.