TheChartGuys

BTC Still Healthy on the 4 hour.

COINBASE:BTCUSD   Bitcoin
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.

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