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ETH (Prj.2019.P02.E01).Macro level analysis

Long
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BINANCE:ETHUSDT   Ethereum / TetherUS
Just keeping it short:

With a BEARISH Divergence looming in the background and the current trend is down, along with BTC Dominance to go higher, ETH has further downs to go.

4 HRLY Chart: Bearish (Hidden) Divergence.

Daily Chart: RSI supports the hypothesis

WEEKLY Chart:
Commento:
Bullish div. played out
Commento:
Also note on the Daily, the downward channel is still intact. Until this is broken and the bottom of the potential break is tested or we have a higher low...i would not go long.
Commento:
Commento:
Trade chiuso: obiettivo raggiunto:
Trade chiuso: obiettivo raggiunto:
Successful forecast

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