Created an index of the top 5 crypto currencies. The index shows a divergence between the RSI and price trend. I would never suggest shorting cryptos, but we may be in for a bumpy ride.
Comment:
***This chart indexes the market cap of the top 4 crypto currencies (not 5)
Comment:
Comment:
My crypto index formed flag that has broken to the downside. Should find resistance at the second Fibonacci level. Cautiously watching the market, still think this is a healthy crypto pullback after ETHs enormous rally.