Very similar setup to BTC on the 4 hour but a bit different which has led to both LTC and ETH breaking their daily inside bar bearish already.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
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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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.