TheChartGuys

ETH pullback, but higher lows

COINBASE:ETHUSD   Ethereum
After the breakout to start the week, we saw a very significant pullback with the BTC dump. We need to be cautious of this correlation as BTC has now broken a key support $3800. Very nice gains from the lows also correlated with the BTC bounce. Need to see a recovery for a bull daily MACD cross, but an equilibrium pattern as things settle down is likely for today. Looking for a lower high to be set on this bounce.

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
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.