I was a little skeptical at first that this might be a false breakout, but it looks like we have confirmation now and we are seeing some volume and momentum come back in as prices move higher.

Signs are now great on the longer charts as well, and we are almost guaranteed a run up to test the trend high resistance at $710. ETH was having trouble closing on the 4-hr above the $433 level, and we will now get that confirmation with a higher high.

Nice to have a bull break!! We should be able to sit tight the new couple days and see a price surge to the $710+ level.

Happy trading!