BTC trading mostly sideways on this bounce while the EMAs drop.
the the past this kind of setup is almost as if the bears just wait for EMA resistance to make their next move.
We are not close to making back the dump, and the bears are still comfortable.
Lose the hourly higher low pattern and it will be the first signal the bears are back in control to head to the lows.
The bulls HAVE to see volume behind any move up. Without volume it means nothing.
Daily inside bar is extremely likely to form today, and often times as a trader when I see that is going to be the case, I will just wait and play the daily inside bar break the following day.
the the past this kind of setup is almost as if the bears just wait for EMA resistance to make their next move.
We are not close to making back the dump, and the bears are still comfortable.
Lose the hourly higher low pattern and it will be the first signal the bears are back in control to head to the lows.
The bulls HAVE to see volume behind any move up. Without volume it means nothing.
Daily inside bar is extremely likely to form today, and often times as a trader when I see that is going to be the case, I will just wait and play the daily inside bar break the following day.
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