ETH is on the verge of a bearish 4 hour MACD cross after dropping to another lower low on the hourly consolidation.
Looking for a 4 hour inside bar to form this candlestick and a break this afternoon.
Possibility the daily chart is setting up in an equilibrium pattern if we continue to pull back on the 4 hour today.
The last 4 hour higher low of consolidation yesterday was broken, and momentum appears to be shifting a bit.
A lower high and lower low on the hourly from here will confirm we are in consolidation mode today.
Currently all cash and waiting for a more clear trade setup.
Looking for a 4 hour inside bar to form this candlestick and a break this afternoon.
Possibility the daily chart is setting up in an equilibrium pattern if we continue to pull back on the 4 hour today.
The last 4 hour higher low of consolidation yesterday was broken, and momentum appears to be shifting a bit.
A lower high and lower low on the hourly from here will confirm we are in consolidation mode today.
Currently all cash and waiting for a more clear trade setup.
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Checkout our full trading resources online 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
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.