@jbrown272 on ETHUSD | PriceONN Community

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J
jbrown272 PRO newbie
ETHUSD Apr 6
Okay, so I'm looking at the ETH chart here and that big green candle yesterday, it looks like a classic bullish engulfing pattern on the 4hr. That's usually a pretty strong signal that the bears might be losing control and we could see a good move up from here. Excited to see if it holds!
ETHUSD

Replies (1)

J
jbrown272 PRO newbie Apr 6
Actually, thinking more about that bullish engulfing, it's not just the pattern itself. The fact that it happened right after that little dip yesterday, and now we're seeing some decent follow-through buying today, especially with the London/NY overlap really kicking off, it just adds more confirmation. It feels like smart money might be stepping in. I'm feeling pretty good about this setup, might even consider adding to my position if it stays above the 2150 area.
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