Saturday, July 06, 2019 10:37:14 PM
ETH 6HR Indicating A Retest Of Highs Again
ETH looking good on the 6 Hour with the continuation of the trend.
ETH, however, keeps rejecting at the EMA 34, however looking back on the 6 hours. It has shown a good consistency with Elliot Wave theory. Looks (as it stands) about to start a third impulse wave to the upside which could break through that EMA resistance it has been hiding under for over a week now.
This is a risky trade but early indications show it is gearing up as it is ahead of BTC for the day which is uncommon, ETH usually follows Bitcoin .
ETH looking good on the 6 Hour with the continuation of the trend.
ETH, however, keeps rejecting at the EMA 34, however looking back on the 6 hours. It has shown a good consistency with Elliot Wave theory. Looks (as it stands) about to start a third impulse wave to the upside which could break through that EMA resistance it has been hiding under for over a week now.
This is a risky trade but early indications show it is gearing up as it is ahead of BTC for the day which is uncommon, ETH usually follows Bitcoin .
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