ETH is caught in a tight range between $1,600 - $1,700 and we seem keen to break-up.
The indicators are looking ready to push price higher. MACD on 4h did a positive cross and RSI wants to go higher, however the volume is lacking. This shows confidence on this move is not high.
BTC on the other hand (see below my idea linked), is much more bullish in its price action.
We need to clear above 1,800 to have confidence in ETH ability to take us to ATH and beyond. Until then, as long as we don't fall under $1,600 I remain bullish.
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The indicators are looking ready to push price higher. MACD on 4h did a positive cross and RSI wants to go higher, however the volume is lacking. This shows confidence on this move is not high.
BTC on the other hand (see below my idea linked), is much more bullish in its price action.
We need to clear above 1,800 to have confidence in ETH ability to take us to ATH and beyond. Until then, as long as we don't fall under $1,600 I remain bullish.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
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