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Ethereum / TetherUS
Short

It became Break (instead of Make) - Half Way the Correction

64
ETHUSD ETHUSDT $OTC:ETHE

No matter the fundamentals, the chart shows weakness, and it seems unlikely to stop here.

Chart - trend has changed into negative, confirmed by momentum and Corel Trend
MACD - clearly negative, looks half-way
RSI - bit more than half-way correction
iMACDs - similar pattern as around March 8th, lower top, and since June 5-7th, clear exit signal

=> Just repeat what my TA master told me: Don't torture yourself, get out!
FDIG FDIG
S_de_Bont
Chart PatternsTechnical IndicatorsTrend Analysis

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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.
Chart PatternsTechnical IndicatorsTrend Analysis
S_de_Bont

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.