ETH about to dip
I'm not a financial advisor so I keep it simple for trading.
MACD signal line dropped a few bars back. A sharp hook down on the 4-hour paired with my 1-hour EMA signal lines crossing tells me it should drop soon.
It was a good burst upward. But not enough to break the cycle.
MACD signal line dropped a few bars back. A sharp hook down on the 4-hour paired with my 1-hour EMA signal lines crossing tells me it should drop soon.
It was a good burst upward. But not enough to break the cycle.
Note
[image[Note
4-hour finally caught upNote
8-hour is not far behindNote
Correction coming?Note
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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.