As Ethereum continue it’s uptrend rally since second half of february, new divergences occurs: price action moves opposite to the RSI indicator. That's a clearly sign of loss of momentum.
Support in $2100-$1650 area.
Resistance over $5000-$5200 of course for new targets.
I'm still Long, Holding.
Please note: We are charting Weekly using logarithmic scale to widening our point of view.
⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions. Above ideas is for educational purpose only, it is not intended to be investment advice.
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