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ETH (1H bearish)

BITFINEX:ETHUSD   Ethereum
There seems to be bearish divergence approaching on the 1H MACD, and the 1H RSI is overbought. Although the 15m indicators don't look too bad and may be able to save the 1H situation, it doesn't look too assuring. The other trend lines are not to be taken too seriously. We might see slow accumulation over the next couple days until the next FOMO frenzy, but we'll see. Until then I'm on the sidelines waiting to buy any decent-sized dip. Stay alert, protect your capital, and good luck!
Penafian

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