Congrats bulls! ETH has been the strongest for a week now and is following through with a huge move.
Target was $500 just visually on the daily chart and the bulls have far exceeded this already.
Hourly higher lows are crystal clear on this move with a good old fashioned uptrend being respected by the bulls and bears.
We will be looking for a loss of the hourly higher low pattern to indicate some more longer term consolidation coming.
Dont lose sight the weekly chart is nowhere near changing the trend for the bulls at this point.
Target was $500 just visually on the daily chart and the bulls have far exceeded this already.
Hourly higher lows are crystal clear on this move with a good old fashioned uptrend being respected by the bulls and bears.
We will be looking for a loss of the hourly higher low pattern to indicate some more longer term consolidation coming.
Dont lose sight the weekly chart is nowhere near changing the trend for the bulls at this point.
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