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
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.