TheChartGuys

ETH 4 Hour Higher Lows Remain Intact

COINBASE:ETHUSD   Эфириум
ETH continues to set the stage for bulls with every consolidation leading to another 4 hour higher low.
The bulls remain in full control, riding EMA 12 4 hour support up.
BTC remains strong and in a tightening pattern, with significant bounces from 15 min oversold RSI.
The correlation with ETH continues to favor bulls, hitting higher highs where BTC failed.
Loss of the 4 hour higher lows will be notable after holding them for a week, that will be an exit signal for the shorter term bulls.
Looking for a clear break of the 4 hour tightening pattern today to indicate either continuation, or healthy daily consolidation.

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
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.