rlando

Clear Negative Divergence 4hr Heikin

Short
INDEX:ETHUSD   Ethereum
Bollinger Bands are pinched signalling volatility has slowed. Looking for volatility to pick up once again with a move to the downside. 14 period RSI trending down & 60 period MFI starting to curl down as ETH consolidates upward in contradiction. I'm looking for ETH to retest major moving averages -> 200 Day (~$1400) & or 20 Week (~ $1350).

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.