Eth Nearing a ledge

٢٧ يناير ٢٠٢١

- Adx not showing any emerging trends just yet
- Daily timeframe shows a bearish RSI divergence from price

Will have to wait to see which structure prevails. Expect an explosive move once consolidation ends.

٣ فبراير ٢٠٢١

ملاحظة

Update*

ETH has finally broken out of the bullish ascending triangle accompanied by good volume and a building momentum on the adx. It's not too far to say it may be the start of the next run.