BTC Bulls saw a break yesterday after days of weakness but have yet to see follow through on the 4 hour with a higher low and higher high.
We need to see bulls follow through with this to zoom out to the daily and look for a lower high there.
Still back testing and trying to cling on to 4 hour EMA support. As well as closing in on a 4 hour EMA 12 and 26 bull cross.
It will be a red flag for bulls short term if we do not see a continuation move breaking the high of yesterday.
Clear lower highs on the hourly will have to break for bulls to shift consolidation momentum.
We need to see bulls follow through with this to zoom out to the daily and look for a lower high there.
Still back testing and trying to cling on to 4 hour EMA support. As well as closing in on a 4 hour EMA 12 and 26 bull cross.
It will be a red flag for bulls short term if we do not see a continuation move breaking the high of yesterday.
Clear lower highs on the hourly will have to break for bulls to shift consolidation momentum.
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.