TheChartGuys

ETH Strongest Bounce and Daily Chart

COINBASE:ETHUSD   Ethereum
We are looking for daily equilibriums to form and ETH is responding the best to the bounce.
This makes the odds that our daily higher low has been hit, more likely with that long lower wick.
We will be looking for a break of this range sometime in the next two days, though as we know the direction BTC breaks will be important as well.
Bear break of the daily equilibrium means our weekly lower high is in, bull break and we look for bounce continuation from the last few weeks.
Patient if not in a position, might as well wait for the break at this point.
I played BTC on the bounce as I literally had to run to the computer to get my orders in and did not have time to poke around.
I will not make the same decision next time!

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