ETH is holding up well, but hodlers and bulls are sitting looking longingly at the weekend BTC and LTC have had.
There is going to have to be a fundamental reason for people to get excited about ETH again, as all the news and hype is focused on Bitcoin.
The correlation to these two is there, though weak and nothing we can profit off of at this point.
We are about to have a 4 hour bull MACD cross, but the bulls are not seeing significant strength on the 4 hour time frame.
$438 is our new daily higher low to keep the bulls in full control.
in 32 hours of bouncing, we have regained about 75% of just the last 4 hours of the dump.
Personally trading BTC and LTC and will be back when news and hype return! Not forcing what is not there.
There is going to have to be a fundamental reason for people to get excited about ETH again, as all the news and hype is focused on Bitcoin.
The correlation to these two is there, though weak and nothing we can profit off of at this point.
We are about to have a 4 hour bull MACD cross, but the bulls are not seeing significant strength on the 4 hour time frame.
$438 is our new daily higher low to keep the bulls in full control.
in 32 hours of bouncing, we have regained about 75% of just the last 4 hours of the dump.
Personally trading BTC and LTC and will be back when news and hype return! Not forcing what is not there.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social