The bulls saw a correlated dump and bounce to the big 3, and the bounce closely resembled ETH to start.
As it continued to play out it was clear ETH was the leader as LTC has struggled , and fallen back to previous levels.
That being said, this is still healthy consolidation on the 4 hour chart after the wild day for bulls yesterday.
The lows of the pullback are key supports, and if the bulls can hold them today, we will still be looking for bullish continuation back towards $400.
Break the lows and we know we are still in consolidation mode, and our trading style will shift to reflect that.
BTC and ETH have my attention this morning, but we are always cycling through to keep tabs on all 3!
As it continued to play out it was clear ETH was the leader as LTC has struggled , and fallen back to previous levels.
That being said, this is still healthy consolidation on the 4 hour chart after the wild day for bulls yesterday.
The lows of the pullback are key supports, and if the bulls can hold them today, we will still be looking for bullish continuation back towards $400.
Break the lows and we know we are still in consolidation mode, and our trading style will shift to reflect that.
BTC and ETH have my attention this morning, but we are always cycling through to keep tabs on all 3!
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