ETH holding up the best of the big 3 as we are looking to test recent highs and breakout for continuation.
The hourly chart is a potential cup and handle pattern with the inability to break resistance on the right side, and healthy consolidation before a potential breakout.
Currently in a position from this morning after trading it yesterday and looking to see $320+.
Little resistance until $330 after this level.
A loss of the hourly higher lows would be a short term red flag. Watching correlations to BTC and looking for a bounce to help break that $320 resistance.
Daily chart has changed the trend for the bulls yesterday, like LTC did 2 days ago.
The hourly chart is a potential cup and handle pattern with the inability to break resistance on the right side, and healthy consolidation before a potential breakout.
Currently in a position from this morning after trading it yesterday and looking to see $320+.
Little resistance until $330 after this level.
A loss of the hourly higher lows would be a short term red flag. Watching correlations to BTC and looking for a bounce to help break that $320 resistance.
Daily chart has changed the trend for the bulls yesterday, like LTC did 2 days ago.
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