We could see the last couple days ETH as been a bit strong than BTC though certainly still correlated.
We are looking for the daily lower high to be set, which would have us consolidating today and looking for a 4 hour higher low.
We will look for this tightening daily pattern to break this weekend and give clear direction heading into February.
The Weiss ratings that came out with ETH the clear strongest was a boost to confidence yesterday which helped widen the lead for the bulls.
Patient and no over trading as we know ranges, volume and volatility are shrinking which means trading opportunity shrinks as well!
We are looking for the daily lower high to be set, which would have us consolidating today and looking for a 4 hour higher low.
We will look for this tightening daily pattern to break this weekend and give clear direction heading into February.
The Weiss ratings that came out with ETH the clear strongest was a boost to confidence yesterday which helped widen the lead for the bulls.
Patient and no over trading as we know ranges, volume and volatility are shrinking which means trading opportunity shrinks as well!
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social