We have close to a double top, and higher lows continuing on the 4 hour chart.
The bulls are still butting their heads against EMA 12 daily resistance.
When we lose 4 hour higher lows, that is when we need the daily higher low to form vs. $7,058.
Bulls held EMA support on the 4 hour time frame on consolidation which is a good sign,
we just need a more convincing break of the $7,600s on convincing bull volume.
Watching for a 4 hour inside bar to form this morning, and for the break to give us some short term direction.
Currently still riding an ETH swing position as long as 4 hour higher lows remain.
The bulls are still butting their heads against EMA 12 daily resistance.
When we lose 4 hour higher lows, that is when we need the daily higher low to form vs. $7,058.
Bulls held EMA support on the 4 hour time frame on consolidation which is a good sign,
we just need a more convincing break of the $7,600s on convincing bull volume.
Watching for a 4 hour inside bar to form this morning, and for the break to give us some short term direction.
Currently still riding an ETH swing position as long as 4 hour higher lows remain.
Checkout our full trading resources online 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout our full trading resources online 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.