ETH/USD, will the bears come out and play?
Hello all,
ETH/USD has been on a bull run since November 2020 and has been overbought on the weekly RSI since mid to late November 2020. Eth recently went under the weekly overbought RSI in late February 2021. ETH is currently sitting under the bull trendline on the weekly RSI only to make me assume that it is probably going to breath for the next couple of days to weeks probably to re test the weekly support that is on the chart.
This is totally from my technical point of view and my opinion, listen to the fundamentals and do your own research. I am not a financial advisor, good luck to all!
ETH/USD has been on a bull run since November 2020 and has been overbought on the weekly RSI since mid to late November 2020. Eth recently went under the weekly overbought RSI in late February 2021. ETH is currently sitting under the bull trendline on the weekly RSI only to make me assume that it is probably going to breath for the next couple of days to weeks probably to re test the weekly support that is on the chart.
This is totally from my technical point of view and my opinion, listen to the fundamentals and do your own research. I am not a financial advisor, good luck to all!
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