TheChartGuys

ETH Bulls looking for another leg up

COINBASE:ETHUSD   Ethereum
Inside bar on the 4 hour chart with a bullish MACD cross closing in.
With a break of $350 we would be looking at psychological resistances up to $370s before the next price level of resistance.
We will be watching close for the bull signal breaking $350 for continuation after such healthy consolidation.
With the upgrade causing a lot of volatility, bulls have built a base of support in the mid $330s which is a must hold level in the short term today.
Correlations continue to change but the bulls have been favored the last couple days as BTC goes in both directions.

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