The ETHUSD is interesting chart. The negative divergence seems clear on the chart. We have lower RSI and higher price action then previous period of high RSI and price.
The regression channel has shown that ETHUSD move well within this channel. The strategy is suggested:
sell between $ 4,300 - $ 4,500 with stop above $ 4,800 and take profit at lower channel boundary.
The regression channel has shown that ETHUSD move well within this channel. The strategy is suggested:
sell between $ 4,300 - $ 4,500 with stop above $ 4,800 and take profit at lower channel boundary.
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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.