Shahbaz_B14A
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chartpattern
trendanalysis
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This 4H chart of Ethereum (ETH/USDT) is indicating a strong bearish reversal setup. A double top formation has formed near the $3,770 zone, accompanied by both a regular bearish divergence and a bearish hidden divergence on the RSI. Price has broken down below the neckline of the double top, and a possible retest zone is marked, which may act as resistance. If...
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The 4H chart is showing a bullish hidden divergence where the price is making a higher low while RSI is making a lower low. This suggests a continuation of the uptrend after a healthy pullback. A 'Buy on Dip' zone has been marked near 561, with stop-loss (SL) significantly below at a strong support zone near 375. Confirmation of this hidden divergence strengthens...
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