So we broke out a few days ago and moved sideways since , however despite the most stoks tumbling down , crypto stays strong , a slight downmove and now it seems more especialy on ETH as a consolidation phase ... but could it bee lets see how this plays out ..right now its a 50-50 % as we depend on btc as well , but overall i stay very bullish on eth as it defends strong its supports and btc did not ...
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Well so far so good we need a 1H close but its looking very bullish with some nice potential gains !
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Sow , we did break out but what is happening ? , well the volume is low behind it but the good news is ratio 77% bull volume and 23 % bear (sell ) volume at the current markets , so thats the good news that we are still bullish but the low volume this weekend is a danger zone as any bull or bear whale can pump and dump the market right now ...