Redimere_91

ETHUSD Update

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BITSTAMP:ETHUSD   Ethereum
We are at a resistance level here. We may have some bearish divergence here with a double top on the RSI and the recent higher high. Price seems to be have risen on the more recent move with not enough clearance on bullish volume so I can't buy it. RSI is at a 50 level coming down off some sideway candles. Could price be exhausting? I can't see why we wouldn't see the lows tested at some point. Mac D is also losing momentum and may send price down if resistance levels hold in the near future.

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