ETH - Short to 2,800
ETH - Short-term Bearish from 3,120, especially if BTC does not maintain 63k on the daily candle close. MACD has some sellers with a slight bullish divergence in the neutral zone, heading to oversold but we are not there yet. Fear and Greed index shows we still have not reached the peak fear zone. I think we might see continued selling until 2,786 to 2,804 area before we see a reversal. I'd like to see ETH hold above 2,800 on the Sunday candle close for invalidation of the short.
ETH still in danger of a death cross on the daily in the next few days if it doesn't catch a strong bid, or a bid off the next support.
ETH still in danger of a death cross on the daily in the next few days if it doesn't catch a strong bid, or a bid off the next support.
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