$ETH continues to hang below original descending resistance with consolidation between 20 and 50EMA.
Chances are still high that we continue sellout to 1600s but support could trigger another MACD divergence.
Refer to the dashed yellow line as critical support in this scenario with hopes of holding above 1680 or 200EMA.
Chances are still high that we continue sellout to 1600s but support could trigger another MACD divergence.
Refer to the dashed yellow line as critical support in this scenario with hopes of holding above 1680 or 200EMA.
