Why are traders exiting Ethereum?
PRICE ACTION
RSI is currently in lockstep with price action; which is a divergence to the BTC action. Outside of a few individual candles; the 4H volume have been relatively consistent since the upward breakout; however, when the OBV is reviewed; the volume appears to be selling out of the trade (market sell).
28D MA is about to cross above the 13W MA; however with the 1D RSI being overbought – it would appear similarly likely to create a rejection and a retrace back down.
OPEN INTERESTS (BITFINEX)
Long: 2.84 Days
Short: 0.36 Days
RELATIVE STRENGTHS
ON BALANCE VOLUME
KEY PRICE AREAS
Resistance: 181, 195, 255
Support: 155, 146 (26W MA), 145 (28D MA),
PREVIOUS ANALYSIS
RSI is currently in lockstep with price action; which is a divergence to the BTC action. Outside of a few individual candles; the 4H volume have been relatively consistent since the upward breakout; however, when the OBV is reviewed; the volume appears to be selling out of the trade (market sell).
28D MA is about to cross above the 13W MA; however with the 1D RSI being overbought – it would appear similarly likely to create a rejection and a retrace back down.
OPEN INTERESTS (BITFINEX)
Long: 2.84 Days
Short: 0.36 Days
RELATIVE STRENGTHS
- Micro (5m): Flat
- Short Term (4h): Flat
- Mid Term (1D): Overbought
- Macro (1W): Hidden Bearish
ON BALANCE VOLUME
- Mid Term (1D): Lower
- Macro (1W): Lower
KEY PRICE AREAS
Resistance: 181, 195, 255
Support: 155, 146 (26W MA), 145 (28D MA),
PREVIOUS ANALYSIS
Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.