ETH is testing 4 hour resistance highlighted in the video yesterday.
ETHBTC has bounce overnight a bit as the consolidation was not as significant as BTC and the bounce has a higher % gain.
There will be short term opportunities to capitalize on the ETHBTC oversold bounces but if you are swing trading continue to watch the daily chart of ETHBTC to look for the trend change.
Bulls have a long way to go before the daily and weekly chart is anywhere near as bullish as BTC currently is.
It all depends on the time frame for your trade as to which name to be looking at.
Watching for a break of this tightening 4 hour pattern today though we may stay inside this equilibrium for some time.
ETHBTC has bounce overnight a bit as the consolidation was not as significant as BTC and the bounce has a higher % gain.
There will be short term opportunities to capitalize on the ETHBTC oversold bounces but if you are swing trading continue to watch the daily chart of ETHBTC to look for the trend change.
Bulls have a long way to go before the daily and weekly chart is anywhere near as bullish as BTC currently is.
It all depends on the time frame for your trade as to which name to be looking at.
Watching for a break of this tightening 4 hour pattern today though we may stay inside this equilibrium for some time.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.