Technical Analysis : ETHUSD shifting bearish sentiment
At the moment there seems to be a shift in market sentiment. In the cover chart we can see where price is concentrated in a small region and for most of that data the price delta is mostly bearish.
From signals and overlays and money flow we can see we are just transitioning into a bearish price action. Volume sentiment could be the catalyst for this move. I would like to see a bearish trend confirmation on the signals and overlays indicator before taking an entry :
From signals and overlays and money flow we can see we are just transitioning into a bearish price action. Volume sentiment could be the catalyst for this move. I would like to see a bearish trend confirmation on the signals and overlays indicator before taking an entry :
Trade closed: target reached
C Nicholas Downie
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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.
C Nicholas Downie
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.