Ethereum: Bearish Crab Pattern Completion

٢٣ نوفمبر ٢٠١٧

Price has completed a bearish crab pattern with its D point at the median line of an upsloping andrews pitchfork, which previously has acted as both support & resistance. In addition to that, we have a bearish divergence with RSI, a signal that the uptrend is about to over. RSI is also overbought. Overall we have a very nice selling opportunity to get involved with.

Trade with care,
John