Over the last few months, BTC and ETH have failed to rally out of the seller controlled prices - BTC crumbled at $25K and ETH quickly rejected $2K to end its parabolic rally.
Could the rally be coming to an end? Let me know.
- On the 1H, ETH hit a local resistance @ $1720, and a bearish divergence along with a double top is seen on the RSI. It's likely that it will fall to local support of $1530. Below $1530 marks a significant change in altcoin sentiment, which could bring new lows.
- On the daily, BTC rejected the 10W MA, and is trading below key support.
Could the rally be coming to an end? Let me know.