k0sek

ETHUSD - Moment of TRUTH! Will it go UP or DOWN!?

BITFINEX:ETHUSD   Ethereum
Moment of truth for ETHUSD - from my TA, it seems there are two possible directions for ETHUSD. It is either going to follow the uptrend channel OR it may fail and seller may push it downtrend.

Some key notes:
- RSI is neutral
- Volume is there
- MACD is ready for putrend
- STochRSI is ready for uptrend

With that said, we have been faked out plenty of times in the past week. I will be watching this closely to make a trade decision.


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