ETH 4 Hour Drawn Out Equilibrium
We are testing a bunch of supports in the low 590s, but they are not essential for the bulls to hold as even if they break we will still be in a clear 4 hour equilibrium.
This pattern is likely going to take until this weekend to break, and can be seen clearly on BTC on the daily chart.
Still holding a smaller swing ETH position which I will exit if we break this pattern bearish.
Looking for the bulls to form a higher low this morning and bounce as BTC 15 min RSI hit 20 and hourly RSI is oversold.
Now we have a tight weekly chart, and an even tighter daily chart.
Low views and comments in the video yesterday as the market fell asleep on low volume and trading range.
BTC moved less than $100 in almost 13 hours.
This pattern is likely going to take until this weekend to break, and can be seen clearly on BTC on the daily chart.
Still holding a smaller swing ETH position which I will exit if we break this pattern bearish.
Looking for the bulls to form a higher low this morning and bounce as BTC 15 min RSI hit 20 and hourly RSI is oversold.
Now we have a tight weekly chart, and an even tighter daily chart.
Low views and comments in the video yesterday as the market fell asleep on low volume and trading range.
BTC moved less than $100 in almost 13 hours.
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