Ethereum

ETH Analysis

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ETH playing with the top of the channel just like XBT! This could be a good overall market sign as it means we might finally be testing the top supports to break out and go n that bull run that everyone keeps talking about, however, as we have seen a lot recently there are also solid signs of a bull trap so trade intelligently.
ETH has been playing a game of squeeze down this channel the past few hours. BB squeeze up tight and then there is a large break up or down. Seems fairly consistent so I'm considering jumping in on a few of these waves. Looking for a solid point now while playing smart on the bull trap. I'd rather miss the start of the run then get trapped in a dip.

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