TheChartGuys

ETH a Bit Weaker Than BTC This Morning

COINBASE:ETHUSD   Ethereum
ETH has a couple spikes in bear volume the last couple days that have hindered the bulls a bit.
ETH has a bit more work to do to be as close to daily continuation as BTC is.
The ETHBTC chart is getting extremely tight with 3 daily inside bars. Watch this chart for the break.
Bulls need to see continuation today, and the ETH chart is much more split than BTC which favors bulls.
Some hourly inside bars to watch here for short term direction.
Added another small position on the 4 hour IB bull break last night, and will exit if we lose the daily low of consolidation.
Still mostly patient in the tightening daily range.

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