After correlation to bTC picked up on the short term dump to oversold hourly (for BTC)
the bulls have recovered by breaking the lower high pattern of the initial consolidation bounce attempt.
Bulls have potential to test all time highs today and will be competing with BTC for attention.
Break of $400 and we will be in longer term consolidation mode on the 4 hour and daily.
There should be a good amount of stop losses just under $400 so cautious of stop level slippage.
Targets will be $430 and $440 with a new all time high.
the bulls have recovered by breaking the lower high pattern of the initial consolidation bounce attempt.
Bulls have potential to test all time highs today and will be competing with BTC for attention.
Break of $400 and we will be in longer term consolidation mode on the 4 hour and daily.
There should be a good amount of stop losses just under $400 so cautious of stop level slippage.
Targets will be $430 and $440 with a new all time high.
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