ETH?' IS THIS IT?

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LONG TERM HORIZONTAL RESISTANCE
.234 FIB
RSI OVERSOLD
RSI BEAR DIV SHORT TERM, BUT COULD POTENTIALLY UNWIND BIGGER M TOP FORMATION
INSIDE BAR CANDLE ON A DAILY TF
ETH 2.0 FUNDAMENTAL EVENT HAPPENED ON AUG 4TH. WILL THIS BE ONE OF THOSE "SELL THE NEWS TOP"?
FEAR AND GREED INDEX FOR CRYPTO 79 - EXTREME GREED. NOT A GOOD SIGN TO SEE AT RESISTANCE.


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Commento
Here we go.
One would argue that this was just a stop run. I don't know about that. Considering the news and overly bullish sentiment, I think the top is closer than the bottom. Selling volume is higher than the previous drop, so bulls better chill here. istantanea
AB=CDBearish PatternsDIVETHETHUSDTechnical IndicatorsTOPUSD

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