Bulls won in the vicious Ethereum battle with the bears yesterday and pushed the price above 685. Then intentions were confirmed by seeing large volume buy orders between 670-675 on a short term drop.
$ETH - also yesterday we had a 4hr Cup and Handle with potential continuation which appears to be forming to make the next big battles being at around 800 (assuming the upper trend line is broken again).
Bearish case to think about as well: There has been some hourly consolidation and MACD cross after dropping on 2-4hr timeframes. There is a chance that the daily chart is setting up in an equilibrium pattern if we continue to pull back on the 4 hour today. A continued lower high and lower low on the hourly from here will confirm we are in consolidation mode today. #Ethereum $ETH $ETHBTC
