#Cindicator $CND $ETH - BINANCE - S/R

#Cindicator CND ETH - BINANCE - S/R

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W:
The Volume died and with it began a slow and horrific bleed-out. One small glimmer of hope during the March Madness Alt-Season. Short lived.

Last weeks candle does give us a spinning top which indicates indecision, so it wasn't super bearish or bullish.


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D:
Breaking free from the overall down trend line is a good start for a better future. Very small bumps in Volume but really not enough to do anything with.

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We can see 6500 is giving much resistance and 5801 along with the 886 are just trading off S/R. What does it all mean?

Well, MACD looks like it's just about to tick South. Also looking to curl down and cross back over for a short signal. Godmode crossed yesterday for a short signal as well.

So if we do go down, do we have any support left......?

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5025
4522
2200
2054

After that it's anyones guess. We will continue to read the candles and see what they have to say for themselves. I don't see anything that says reversal but that doesn't mean I won't be watching.
cindicatorCNDTrend Analysis

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