Correction Looming

١٥ أغسطس ٢٠٢١

Ethereum saw a really nice pump this pump and it needs to take a breather. Eth and bitcoin are forming rising wedges right now and both are showing signs of exhaustion with RSI and MacD bearish divergences. It feels like a good opportunity to short to the 2900's and confirm support around that area. Another sign of a local top is Alts basically popping off while bitcoin doesn't do much.
Be cautious.