MACD & RSI Trendline breakout towards the downside with support on 100 & 200 EMA. An incoming retest of those levels will provide us with more information whether it's a buy or sell.
I am leaning towards a sell because MACD Trendlines has never been wrong yet. Same exact setup for ETH except ETH has fallen 7% since sell signals have plotted and 100 & 200 EMA failed to act as supports.
I am leaning towards a sell because MACD Trendlines has never been wrong yet. Same exact setup for ETH except ETH has fallen 7% since sell signals have plotted and 100 & 200 EMA failed to act as supports.
Trade closed manually:
MACD Crossover giving the sell signal for MACD Trendline Strategy. 8% Gain on short sell.
