ETH continues to show signs as the lead bull, first with continuation and no double top like BTC and LTC,
and now on the 4 hour consolidation the bulls have the most space before testing the most recent 4 hour higher low.
The daily chart is due for healthy consolidation so we will know to be even more patient as bulls if we lose 4 hour higher lows.
The best strategy for short term trading continue to be take the strongest name bullish and the weakest name bearish.
Ideal would be for bulls to find a daily higher low by Wednesday and the current daily chart does give the potential for a daily bull flags to form on this consolidation. Back to patient bulls, let the trade come to you.
and now on the 4 hour consolidation the bulls have the most space before testing the most recent 4 hour higher low.
The daily chart is due for healthy consolidation so we will know to be even more patient as bulls if we lose 4 hour higher lows.
The best strategy for short term trading continue to be take the strongest name bullish and the weakest name bearish.
Ideal would be for bulls to find a daily higher low by Wednesday and the current daily chart does give the potential for a daily bull flags to form on this consolidation. Back to patient bulls, let the trade come to you.
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