The bulls have held strong overnight and are not seeing the same magnitude of consolidation as ETH.
The bulls are looking for a break of the inside bar but if it is a bear break,
due to the lower high set, we will look for an equilibrium here as well.
The bulls are seeing a bit more correlation to BTC strength.
A break to higher highs would give a clear advantage over ETH with more resistance in the short term.
Currently in BTC and will look here once profit is taken.
The bulls are looking for a break of the inside bar but if it is a bear break,
due to the lower high set, we will look for an equilibrium here as well.
The bulls are seeing a bit more correlation to BTC strength.
A break to higher highs would give a clear advantage over ETH with more resistance in the short term.
Currently in BTC and will look here once profit is taken.
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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.