ETH 4 hour Bull Break

27 ก.พ. 2018

Highlighted potential 4 hour cup and handle setup from the video last night saw some follow through with a break correlating to BTC.
BTC holding up a bit stronger on the breakout,but we are seeing the 4 hour EMA 12 and 26 cross.
Loss of the current hourly consolidation low will be a short term consolidation red flag giving us a lower high and lower low.
Bulls trying to get over $900 psychological resistance today, which would require continuation and a break over the top of last night's high.
ETH and BTC much stronger correlation to each other than LTC currently.
Bulls working with some momentum from the Polo Circle deal announced yesterday which is very bullish for the space overall.
Acquisitions are big time "bets" made by companies anticipating crypto popularity not going anywhere.