ETH (Prj.2019.P02.E01).Macro level analysis

Just keeping it short:

With a BEARISH Divergence looming in the background and the current trend is down, along with BTC Dominance to go higher, ETH has further downs to go.

4 HRLY Chart: Bearish (Hidden) Divergence.

Daily Chart: RSI supports the hypothesis

WEEKLY Chart:

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Bullish div. played out

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Also note on the Daily, the downward channel is still intact. Until this is broken and the bottom of the potential break is tested or we have a higher low...i would not go long.

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עסקה סגורה: היעד הושג:

עסקה סגורה: היעד הושג:

Successful forecast