Accumulation and Range Trading Between 228 to 274, which is among the 365D EMA and 400D SMA. And break 400D SMA high already. Key Resistance is 274 to 280 Key Support is 225 to 230
Now major role is Bitcoin lead the way, Ethereum is a gentleman a little lag behind Bitcoin bullish trend.
Let's see market development next.
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Daily Chart
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Zoom: 4 Hour Chart
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On the track.
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On the track
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5 weeks ago we asked.... Detail count when it breakup? 1st time weekly volume > 3M: after 4 weeks breakup. 2nd time weekly volume > 3M: after 2 week breakup. 3rd time weekly volume > 3M: after 3 weeks breakup.
4th time weekly volume > 3M: how many weeks after the price will break it up? The answer is : after 5 weeks the price break it up after weekly volume > 3M.
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Maybe can consider to have this cross trading. It goes to the low level when compare to the low price at the end of 2018.