ETH - 4H bearish divergence

26 ביוני 2022

After ETH rallied into our red box of sell pressure ($1,250-1,280) we have been met with heavy sell pressure. It is possible we get some sort of liquidation hunt up to $1300 but unlikely as we have created a bearish divergence on the 4H timeframe. With higher highs in price but lower highs on our RSI. Something to keep an eye on.