TheChartGuys

BTC Riding Daily EMA 12 Support

COINBASE:BTCUSD   비트코인
BTC Bulls bought the dip after a dump many are attributing to a barrons article:
www.zerohedge.com/ne...s-algos-running-wild

We are looking for a 4 hour lower high to be set this morning and for ranges to continue to tighten.
We have 5 days within the current range highlighted on the chart, and I am patiently waiting for a break of this range before taking any more trades.
With a bull break we will be looking back to recent highs, and a bear break we will look to weekly consolidation to try and find a higher low.
Bears are going to be looking to top fish the pre-dump resistance levels looking for the 4 hour lower high.
Bulls not in a position will be looking to enter the 4 hour higher low we are anticipating for later today.
There is nothing wrong with doing neither and waiting for daily clarity!

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.