TheChartGuys

ETH Still in the 4 Hour Equilibrium

COINBASE:ETHUSD   Ethereum
BTC bull break last night and drop was a fake out that did not correlate to ETH, LTC and BCH.
Still in a very tight pattern after another lower high at $667.
Bulls need to keep another higher low and break $667 for the bulls this morning.
We will see a volume spike and break of this equilibrium pattern today so be prepared for potential entry, or exit depending on which way we break.
Still sitting on a partial ETH position from the low $740s and patiently waiting for a bull break if I am to add more.
Congrats those that have remained patient and scaled back trading while we wait for these clear patterns to play out.
Volatility and volume are needed to trade actively multiple times a day.

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