Ethereum / BitcoinShort
Price Correction for ETH due
1. It's broke the bottom linear trend line it's held since reversal from 3rd April.
2. It's formed a RSI Divergence (price has higher highs but the RSI is forming lower highs) This is a sign of a bull getting tired probably reversing.
3. The volume has been on a rapid decline on the this pair since 3rd May
With those 3 indicators above, I would advise to start taking profits above 0.085, and if this reverses then re-add to your position lower than 0.085
2. It's formed a RSI Divergence (price has higher highs but the RSI is forming lower highs) This is a sign of a bull getting tired probably reversing.
3. The volume has been on a rapid decline on the this pair since 3rd May
With those 3 indicators above, I would advise to start taking profits above 0.085, and if this reverses then re-add to your position lower than 0.085
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