ETH/USD: Major breakout on weekly, bear divergence on daily
Weekly chart shows a double bottom breakout.
Former resistance of $364 is now key support.
The broader trend looks bullish, but further gains could remain elusive for sometime as the daily chart shows a bearish divergence of the relative strength index.
Former resistance of $364 is now key support.
The broader trend looks bullish, but further gains could remain elusive for sometime as the daily chart shows a bearish divergence of the relative strength index.