Challenging the Ethereum ATH / Higher Low in Ethereum / H4
I myself see ETH chart better to enter than BTC chart.
Previous weekly candle closed as doji bar which was a good sign that made us little relieved for the higher prices.
After some consolidation ( Trading Range ), with 3 strong bear candles we had a sell vacuum to bottom of TR that took sell side liquidity.
I'm waiting for higher low to be formed and confirms that we are in bullish trend.
Notice that every sharp movement needs correction leg to reassure us that we have a healthy trend !
Targets highlighted in weekly Ethereum chart👇🏽
Previous weekly candle closed as doji bar which was a good sign that made us little relieved for the higher prices.
After some consolidation ( Trading Range ), with 3 strong bear candles we had a sell vacuum to bottom of TR that took sell side liquidity.
I'm waiting for higher low to be formed and confirms that we are in bullish trend.
Notice that every sharp movement needs correction leg to reassure us that we have a healthy trend !
Targets highlighted in weekly Ethereum chart👇🏽
