ETH (4-Hr, 1-Hr bullish soon? $227 resistance?)

Sep 29, 2018

ETH is Bouncing up off the 4-Hr MACD (bullish), and crossing up on the 1-Hr MACD (bullish). We're over-extended on the 15-min indicators, but, that's to be expected since we just spiked a bit. Let's see how ETH behaves with this lower-trendline as resistance. We are rising on the 1D, and if this is a real bounce off the 1-Hr MACD, we should see the 4-Hr come through as well. I would like to see ETH turn the lower-resistance into support. Only time will tell. Good luck!