As I talked about in the video yesterday, we MUST see a 4 hour higher low and higher high, otherwise the bears keep control.
We are currently rejecting from EMA resistance on the 4 hour, and keeping multiple daily inside bars in a tightening range.
Currently back to all cash and patiently waiting for more clarity on the daily time frame.
Bears are using EMA 4 hour resistance as a guide, and bulls are clinging to the hopes we do not see another leg down when daily inside bars break.
If not already in a position I personally do not like entry in this sideways channel.
No shame in patiently waiting for clarity to come out of a tight or unclear range.
I will likely not be playing crypto again in the near term future as the weekly equilibrium continues to tighten.
We are currently rejecting from EMA resistance on the 4 hour, and keeping multiple daily inside bars in a tightening range.
Currently back to all cash and patiently waiting for more clarity on the daily time frame.
Bears are using EMA 4 hour resistance as a guide, and bulls are clinging to the hopes we do not see another leg down when daily inside bars break.
If not already in a position I personally do not like entry in this sideways channel.
No shame in patiently waiting for clarity to come out of a tight or unclear range.
I will likely not be playing crypto again in the near term future as the weekly equilibrium continues to tighten.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.