TheChartGuys

ETH 4 Hour Higher Lows and Lower Highs

COINBASE:ETHUSD   Ethereum
Tightening Equilibrium pattern on the 4 hour set to break this morning as we approach resistance.
LTC had the same pattern and just broke bullish as a bit of a potential leader. Watching to see if ETH acts as the laggard.
Still major resistance in the low $300 range as suspected ICO selling continues at this level.
Bulls need the break of $308 and $310 to see a clear bull breakout on the daily.
Clear higher low pattern on the 4 hour must hold to continue to hold a bullish position.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.