ETH Bulls Testing High of the Bounce
BTC bulls continue to see hidden resistance at $6,200 keeping them from higher highs on the bounce
LTC and ETH are trying to follow along, and seeing a bit less overhead resistance... but they wont get far without BTC.
Bulls MUST see a green follow through day to confirm the daily reversal candle from yesterday.
Clear channel this morning with high of the bounce and low of consolidation ranges.
Daily EMA 12 resistance will be the next target f we see a bull break for continuation.
Time for bulls to prove something, no benefit of the doubt going counter trend.
LTC and ETH are trying to follow along, and seeing a bit less overhead resistance... but they wont get far without BTC.
Bulls MUST see a green follow through day to confirm the daily reversal candle from yesterday.
Clear channel this morning with high of the bounce and low of consolidation ranges.
Daily EMA 12 resistance will be the next target f we see a bull break for continuation.
Time for bulls to prove something, no benefit of the doubt going counter trend.
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