ETH/USD short term bearish divergence

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Hello Traders,

I want to share this analysis of ETH/USD. As you can see, we started to form a bearish divergence on the hourhly timeframe. I expect a little pull back here back down to the previous support lvls of around 530$. The RSI starts to shift momentum to the downside and we might see a rapid slide down once we loose the support on the 21 EMA trend line .
Since we are still in a makro bullish trend , this potential drop would be a buying opportunity.

I wish you nice profits and have fun 🙂