EthereumShort
ETHUSD 4h short
Updated
There is a short-term divergence of price vs. CCI (CCIDivergence) on the 4h ETHUSD chart.
And there is a long-term divergence of RSI vs price that is forming since almost three weeks: price is making higher lows while RSI is making lower highs.
This long-term divergence could result in a massive trend-reversal but for now I guess that the CCIDivergence indicates a shorter-term pullback to the weekly pivot.
And there is a long-term divergence of RSI vs price that is forming since almost three weeks: price is making higher lows while RSI is making lower highs.
This long-term divergence could result in a massive trend-reversal but for now I guess that the CCIDivergence indicates a shorter-term pullback to the weekly pivot.
Trade closed: target reached
It took a while but finally the target was reached
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