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TheChartGuys
Oct 19, 2017 10:55 AM

ETH Bounce Laggard 

Ether / United States DollarCoinbase

Description

ETH is clearly the weakest oversold bounce of the BIG 3 the last two days.
The bulls have built support on the way up and are looking to see a 4 hour Bull MACD cross follow through,
but as the bounce has played out the correlations have further weakened to BTC bulls.
Tightening up on the hourly, the bulls need to keep the higher lows or we will be looking at another $300 support test.
$320 resistance if we can see continuation.
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