ETHUSDLONGS have closed positions, Divergence signals reversal

Notice the ETHUSDLONGS vs ETHUSD

When the longs close their positions rapidly, this has indicated the local top is completed.

And as you can see the longs have rapidly closed. Prepare for a local top in ETH.

Good Luck

Kommentera:

ETHLONGS have been adding down here, watch for a spike on the daily for signal. (I believe there will be a minor push up before going back down to make new lows)

Kommentera:

ETHLONGS are down 12% already today, that's not a bullish sign.