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TheChartGuys
Dec 21, 2017 11:54 AM

ETH Potential Hourly Bull flag 

Ether / United States DollarCoinbase

Description

After the bull break of the hourly equilibrium pattern highlighted in the youtube video, the bulls have seen healthy consolidation all night.
Strongest of the big 3 and close to all time highs, the bulls have complete control of the chart at this point.
If we break the top most support we will negate the bull flag possibility, but the bulls can still keep the uptrend if this occurs.
Inside bar is forming on the 4 hour time frame, and if it breaks bullish we will have a 4 hour bull MACD cross.
Potential for all time highs as we head into the weekend, but we will likely need to see BTC break bullish from the 4 hour equilibrium pattern as well.
This is the 3rd or 4th time we have seen ETH emerge as the strongest name when all 3 are correlated.
Comments
Amit26
If you've missed selling on time, dont miss buying on time
razeoo
Do you think there is a potential breakout in the next couple of days?
loul42
Thanks Dan
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