ETH bulls continue to hold the lead of the Big 3, slowly grinding higher.
EMA 12 and 26 supports on the hourly are keeping the bulls in control.
Lose hourly higher lows and we will look for 4 hour consolidation and a higher low.
Bulls in positions are comfortable with the hourly trend, but bulls looking for an entry dont have the best risk to reward from this position.
The 4 hour chart has had slim to no consolidation since the bottom of the pullback about 34 hours ago.
Looking for a daily lower high to be set within the next couple days.
Patient with the daily range in focus if wanting to remain patient.
EMA 12 and 26 supports on the hourly are keeping the bulls in control.
Lose hourly higher lows and we will look for 4 hour consolidation and a higher low.
Bulls in positions are comfortable with the hourly trend, but bulls looking for an entry dont have the best risk to reward from this position.
The 4 hour chart has had slim to no consolidation since the bottom of the pullback about 34 hours ago.
Looking for a daily lower high to be set within the next couple days.
Patient with the daily range in focus if wanting to remain patient.
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social