ETH Looks Overbought, Time to Take Profits?
If ETH can defend the current level and close above SMA25, we should see a leg up towards the resistance at 1956.45.
Price overextended above SMA25, close above SMA7 and SMA25, 10-bar trend is bullish, but last candle was bearish.
A daily close under 1891.87 breaks this setup.
Where do you think ETH will move next?
#MarketAnalysis #CryptoInsights
If ETH can defend the current level and close above SMA25, we should see a leg up towards the resistance at 1956.45.
Price overextended above SMA25, close above SMA7 and SMA25, 10-bar trend is bullish, but last candle was bearish.
A daily close under 1891.87 breaks this setup.
Where do you think ETH will move next?
#MarketAnalysis #CryptoInsights