TheChartGuys

ETH Bulls Testing Bounce Highs

COINBASE:ETHUSD   Ethereum
Bulls breaking out last night over key $292 resistance to set sights on the next level at $296.
Next resistances would be $300 and $305 that have tons of price action around these levels the last couple months.
4 hour bounce and bull MACD cross playing out from oversold 4 hour conditions which has been very consistent for profitable trades.
Bulls need to hold hourly higher lows to remain in full control. Currently trying to confirm a little bull flag with continuation.
Always watching correlations to LTC and BTC.

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.