Hi,we are on the weekly time frame for ETH/USDT as we see we are in a channel and the end of trend is going slowly but the biggest problem is hidden divergence or HD- on the RSI so can expect to have frome ETH to make a lower low to get a RD+ on the RSI and after that we can say the bullish market is starting, I have to say this HD- is clearly showing on BTC/USDT and many other big currencies chart so we can say the down trend is exist on weekly charts.
this is just on of scenarios and can be failed so there is no advice to make decision on this analysis.
this is just on of scenarios and can be failed so there is no advice to make decision on this analysis.