ETH a bit weaker than BTC this morning as I continue to monitor ETHBTC and the potential loss of the daily higher lows.
Break this support and the 4 hour consolidation will continue.
Clear daily EQ playing out with a lower high vs. $746 being set.
This will be a very clear pattern to play later this week as the weekly inside bars show the tightening range.
I will re-evaluate ETH as my go-to play if we lose ETHBTC daily higher lows.
Looking like a consolidation day and wont be forcing any entries while waiting for daily higher lows to form.
Break this support and the 4 hour consolidation will continue.
Clear daily EQ playing out with a lower high vs. $746 being set.
This will be a very clear pattern to play later this week as the weekly inside bars show the tightening range.
I will re-evaluate ETH as my go-to play if we lose ETHBTC daily higher lows.
Looking like a consolidation day and wont be forcing any entries while waiting for daily higher lows to form.
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