TheChartGuys

ETH Bulls Testing Bounce Highs

COINBASE:ETHUSD   Ethereum
Bulls breaking out last night over key $292 resistance to set sights on the next level at $296.
Next resistances would be $300 and $305 that have tons of price action around these levels the last couple months.
4 hour bounce and bull MACD cross playing out from oversold 4 hour conditions which has been very consistent for profitable trades.
Bulls need to hold hourly higher lows to remain in full control. Currently trying to confirm a little bull flag with continuation.
Always watching correlations to LTC and BTC.

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