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It looks like lots of lines, but if you focus in you can see they clearly mark a tightening pattern of higher lows and lower highs.
Correlated with ETH tightening range, we will look for a break of this pattern today to be marked with a spike in volume and volatility .
Correlation has been to BTC and a bit of a weaker version, with less significant bull moves in terms of % gains the last few days.
No entry without a break of resistance and bull momentum, otherwise it is stagnant money trading sideways and waiting for a break.
Patience during these times!
Correlated with ETH tightening range, we will look for a break of this pattern today to be marked with a spike in volume and volatility .
Correlation has been to BTC and a bit of a weaker version, with less significant bull moves in terms of % gains the last few days.
No entry without a break of resistance and bull momentum, otherwise it is stagnant money trading sideways and waiting for a break.
Patience during these times!