ETH Key resistance test resulted in a double top, but neither BTC nor LTC are at their bull move highs.
Currently seeing healthy consolidation which is the potential handle forming.
If BTC bulls make a break over $8,300 look for ETH to see continuation into the $550s.
4 hour higher lows remain in control as the bulls have had control for a couple weeks at this point.
Daily bull flag on the verge or confirmation if double top breaks.
No red flags for bulls as even a significant pullback can result in another 4 hour higher low.
Watching 4 hour inside bars currently forming.
Currently seeing healthy consolidation which is the potential handle forming.
If BTC bulls make a break over $8,300 look for ETH to see continuation into the $550s.
4 hour higher lows remain in control as the bulls have had control for a couple weeks at this point.
Daily bull flag on the verge or confirmation if double top breaks.
No red flags for bulls as even a significant pullback can result in another 4 hour higher low.
Watching 4 hour inside bars currently forming.
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