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Ethereum And Bitcoin Didn't Continue Moving Together...

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum And Bitcoin Didn't Continue Moving Together...

And we have a bearish Bitcoin meaning...
We also have a bearish Ethereum .

Right now ETHUSD is moving below EMA10 after a strong bearish candle 31-Aug . very similar to BTCUSD .

This week's candle is still active and the week young... So this chart can easily change.

Confirmation only happens after candle closure; end of the week.

If ETHUSD closes below EMA10 ($352) this week, we will see $260 or lower on the next move.

The 31-Aug . candle has the highest volume since March and is a bearish candle. The action that followed after this candle supports lower prices.

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Namaste.
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