After closing 4 straight sessions with gains Ethereum finds a small setback, its currently losing 0.84% which is not very significant, this loss places the price below the ichimoku cloud, after it reached 368.52 at the beginning of the trading session, the relative strength index has been very stable in the last 5 trading days, currently at 46%, the price is continuing to move sideways which makes a prediction very hard, the bollinger bands are closing up towards the edge, we should not have high volatility soon and for those reasons we need to wait for more signs as the trend is unclear at the moment
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.