ETH has broken out of its 4 hr
structure and rallied as expected. Now a nice retracement has almost completed. It has the look of wanting to go long as much as the XBT looks like it wants to go short. However looks don't make a trade. Watch for a pull back to the .500 where you find a trend line
and strong support area
. I will look for signals to go long at this level. Otherwise a break and close above the purple line with some consolidation. If on the other hand it breaks below the .618 and blue 4 hr
TL, there is not much to stop it until 1650.