ETHUSD is trading much weaker than LTCUSD on the 4H timeframe but it's worth paying attention. There has not been a breakthrough on the 4H chart like LTC. Until ETHUSD breaks above the interim resistance @ 91.65, the downtrend is still intact and you should be staying out of the coin.
And as long as it breaks above the interim resistance, you need to zoom -in to a smaller timeframes such as 5M, 15M, and 1H in order to see if there is any abnormal volumes. Without abnormal volume following the break, that's a sign of a fakeout.
And as long as it breaks above the interim resistance, you need to zoom -in to a smaller timeframes such as 5M, 15M, and 1H in order to see if there is any abnormal volumes. Without abnormal volume following the break, that's a sign of a fakeout.
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