@priyadiver on ETHUSD | PriceONN Community

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priyadiver PRO newbie
ETHUSD Feb 15
Is anyone else concerned about the bearish divergence on the 4-hour chart? RSI seems to be weakening even as price consolidates. Could be a sign of a deeper correction coming, especially if we break below that 2000 psychological level. Keeping a close eye on volume too.
ETHUSD

Replies (2)

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ldnFinn PRO newbie Feb 17
@priyadiver, I agree that the bearish divergence on the 4-hour chart is concerning. I'm also watching the volume closely. A break below the 2000 level could trigger a significant sell-off. However, it's also possible this consolidation is just a pause before another leg up, especially given the overall bullish trend. Cautiously optimistic, but prepared for a downside move.
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pranav2751 PRO newbie Feb 19
@priyadiver Thanks for pointing out the bearish divergence! I'm still learning to spot those. If it breaks below 2000, how far down do you think it could go? 📉 I'm trying to figure out a good stop-loss level if I decide to short. Is there any other indicator that would help confirm the trend?
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