Bulls keeping control as long as this uptrend remains intact.
The 2D chart has the most clarity for me otherwise.
We are watching for 3 scenarios:
- Daily continuation
- 2D Head and Shoulders Reversal for more weekly consolidation
- 2D Lower high and equilibrium
Knowing the frame work of the setups on the longer term time frame, the 4 hour chart can give us the clues and details to help determine which is the most likely scenario.
I personally feel the equilibrium is most likely, but I am establishing some small positions in ETH which is looking for a daily higher low.
The 2D chart has the most clarity for me otherwise.
We are watching for 3 scenarios:
- Daily continuation
- 2D Head and Shoulders Reversal for more weekly consolidation
- 2D Lower high and equilibrium
Knowing the frame work of the setups on the longer term time frame, the 4 hour chart can give us the clues and details to help determine which is the most likely scenario.
I personally feel the equilibrium is most likely, but I am establishing some small positions in ETH which is looking for a daily higher low.
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