Short

Bear divergence on ETH 240

Updated

This is a short term signal. TA on the 4 hour ETH chart indicates bear divergence. Please hedge your positions or adjust your risk exposure. It should be a bumpy ride downhill for the next 12 to 24 hours.

Disclaimer: This is a trade idea and should not be misconstrued as advice to buy/sell into any position. Trade your own convictions and good fortune to you all.

Note

Although it has progressed further, I still maintain this should head down. Hidden bear divergence is even more evident now:

Note

wrong chart pasted above. I glitched or my browser glitched, or TV glitched. Anyway, below is the current state:

brpatel

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