TheChartGuys

ETH Healthy hourly consolidation

COINBASE:ETHUSD   Ethereum
Bulls were close to an all time high with healthy sideways consolidation all night and a very similar pattern to LTC,
alas the LTC bulls are coming out on top and I myself market sold ETH to bail at a small loss to make big gains in LTC.
Many traders did this was well and if we break hourly highlighted support, it will be a set back for the bulls.
Still keeping an eye on ETH to run when we see LTC consolidation.
$540 now a clear resistance level that needs to become support in order to see another leg up.

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