Hi,The price of ETH in daily time is on an upward trend, which has just left its long-term channel. The MACD indicator and the price chart are converging, indicating a tendency to maintain an uptrend, but given the divergence in the RSI, one should expect a price correction in the daily time. The RSI indicator has broken its support line down and is now pulling back to it. If Polback confirms and this support fails, a deeper price correction should be expected.
GOOD LUCK
GOOD LUCK
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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.