TheChartGuys

ETH Bulls Try to hold 4 hour higher lows

COINBASE:ETHUSD   Ethereum
ETH 4 hour chart looking a bit more bullish than BTC, but a break of overnight lows will shift momentum to bears.
Bearish reaction to markets on the Bithumb hack giving a more emphatic rejection from daily EMA resistance.
Keep an eye on volume as the hourly volume is still favoring bears.
We will look for a daily higher low to form even if we continue pulling back from here, as the last support on the daily is $488.
Patient waiting for another clear entry for bulls, while many bears are already in positions.
12:15 PM Eastern 4 of the last 6 days has given a bull spike so pay extra attention during that time.

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
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.