TheChartGuys

BTC 4 Hour Consolidation

COINBASE:BTCUSD   비트코인
Currently watching the 12H chart for clarity, but the 4 hour gives us a bit more detail.
Bulls have to see a higher low and continuation on the 4 hour chart to be looking for the #D chart from videos to continue to tighten.
If this is the top of the bull move, it would favor the bears on the longer term setup.
Currently all cash and not seeing any short term setups that would have me enter again.
12H EMA resistance is rejecting the price and we will need a trend change on that time frame for the bulls to be comfortably within the 3 day tightening range.
Alt coins continue to struggle vs. BTC, but we will monitor their daily charts for a potential trend change as the Summer continues.


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.