4-hour trend, after spiking to 3221, the overall movement is now in a downward correction phase. From a technical perspective, the MACD green histogram is shrinking while showing a divergence at the top, and the KDJ and RSI are all turning downward. It is highly likely that there will be a pullback first, followed by a continued upward push.
You can short in batches within the 3180-3120 range. Targeting 3100-3080$ETH
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January 5th $ETH Silk Road
4-hour trend, after spiking to 3221, the overall movement is now in a downward correction phase. From a technical perspective, the MACD green histogram is shrinking while showing a divergence at the top, and the KDJ and RSI are all turning downward. It is highly likely that there will be a pullback first, followed by a continued upward push.
You can short in batches within the 3180-3120 range.
Targeting 3100-3080$ETH