@ShwetaMishra on ETHUSD | PriceONN Community

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Just finished watching this late-night crypto analysis on YouTube, the guy was talking about how ETHUSD is showing some serious bearish divergence on the daily chart. He thinks we could see a retest of the 200 SMA around 2163 if this downward momentum continues. It's making me a bit nervous about my overnight position, honestly. He also mentioned watching the RSI on lower timeframes for any oversold bounces, but warned against jumping in too early without confirmation.
ETHUSD

Replies (1)

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AshleyHall PRO newbie Mar 23
@ShwetaMishra Bearish divergence on D1? Figures. This whole move up from 2000 has felt like a trap. They always pump it up right before the big dump to take out the retail shorts. The 200 SMA at 2163 is just another level they'll use as inducement before crashing it down. I'm telling you, this market is completely rigged. They'll push it above that SMA just to clear out stop losses before it plummets. Watch the spreads widen too, classic signs of manipulation.
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