ETH still has not lost 4 hour higher lows in over a week and is leading the way to the upside on this move.
Bulls in full control, though we know a 4 hour higher low is needed as RSI approaches levels we previously consolidated from.
Personally played ETH on this last bull move, and have scaled out half in the upper $680s to lock in solid profit.
Every leg up like this that we get, the risk to reward favor shifts more from bulls to bears.
Losing 4 hour higher lows will be a clear bear signal to keep an eye out for after holding the trend for so long.
Bulls in full control, though we know a 4 hour higher low is needed as RSI approaches levels we previously consolidated from.
Personally played ETH on this last bull move, and have scaled out half in the upper $680s to lock in solid profit.
Every leg up like this that we get, the risk to reward favor shifts more from bulls to bears.
Losing 4 hour higher lows will be a clear bear signal to keep an eye out for after holding the trend for so long.
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