However note: - the 34 day RSI is showing nice divergence at 200 support - while shorts have jumped to levels which have previously signaled short term lows. - Wyckoff fans may recognize a potential Wyckoff Spring at the lows here
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- Above shows tentative 4 Hour long wedge support again with 34 RSI positively diverging. - B TW the 4 Hour 272 CCI also positively diverging
Takeaway - ETH has now made a very bearish break of the long term price channel but if an early potential bounce regains the lower parallel that would be very bullish I MO
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