Ranges are tightening up and how this pattern breaks this morning will likely dictate direction on the day.
The bulls are still holding 4 hour EMA support, and the daily chart is still holding well for bulls.
If we bear break we will zoom out and look for the daily higher low to still need to be set.
Inside bar on the daily yesterday and another is possible for today as things slow down.
Watching ETHBTC chart which is also in a tightening pattern.
I took profit on 15% of my position ETH swing to remain a bit protective and lower my cost basis further.
The bulls are still holding 4 hour EMA support, and the daily chart is still holding well for bulls.
If we bear break we will zoom out and look for the daily higher low to still need to be set.
Inside bar on the daily yesterday and another is possible for today as things slow down.
Watching ETHBTC chart which is also in a tightening pattern.
I took profit on 15% of my position ETH swing to remain a bit protective and lower my cost basis further.
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