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
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.