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ETH (4H tired)

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BITFINEX:ETHUSD   Ethereum
I think we may see some false breakouts ahead, followed by dumping. The 4H rsi needs to cool off, and the 1H doesn't seem too eager to make anything happen. The shorts have been creeping back in for the past 1-2 days, and I think we'll see them make their money before resuming the rally. Not sure how low we might go, but $230 seems very possible, although I'm no Nostradamus! I hope this helps someone out there...good luck.
Kommentera:
I think it might be happening now.
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