Bear Flag in ETH
Probably, the operative chart in crypto may be a bear flag in ETH. If ETH bounces and fails at 268, 200, or even 120 could be next.
The decline in crypto seems to be leading a decline in equities. Bearish RSI divergence and Bollinger band resistance on the weekly charts of SPY and QQQ hint that equities could go down a lot more than people might imagine. September is historically a bad month for equities.
The decline in crypto seems to be leading a decline in equities. Bearish RSI divergence and Bollinger band resistance on the weekly charts of SPY and QQQ hint that equities could go down a lot more than people might imagine. September is historically a bad month for equities.
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