ETH solid bounce from more extreme RSI levels than BTC.
We have also seen less consolidation on this move so the current hourly chart is more favorable to ETH.
Bulls are attempting an hourly bull flag to form a higher low and see continuation.
Even if accomplished, we will still be looking for a 4 hour lower high to be set.
Potential bullish reversal candle on the daily if the bulls can hold this bounce through today.
Bears are patiently waiting for the 4 hour lower high to be set to enter a position.
We have also seen less consolidation on this move so the current hourly chart is more favorable to ETH.
Bulls are attempting an hourly bull flag to form a higher low and see continuation.
Even if accomplished, we will still be looking for a 4 hour lower high to be set.
Potential bullish reversal candle on the daily if the bulls can hold this bounce through today.
Bears are patiently waiting for the 4 hour lower high to be set to enter a position.
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