BTC 4 Hour Equilibrium
BTC 4 hour equilibrium as anticipated since our top was set at $10,540. We will be looking for a break later today. With a bull break we will be headed back to recent high and with a bear break we will be looking at daily consolidation needing to find a higher low.
Currently the bulls are trying to hold EMA12 support for the 4H higher low, but we have not seen enough bounce just yet to say it has been set. Currently still in a position and will ride it out until the daily uptrend is lost. This means sitting through finding a daily higher low if need be.
Overall the bulls are pleased with how their gains have held up. Now the question is: Can continued pressure be put on all the new shorts from the last couple days? Stay Tuned!
Currently the bulls are trying to hold EMA12 support for the 4H higher low, but we have not seen enough bounce just yet to say it has been set. Currently still in a position and will ride it out until the daily uptrend is lost. This means sitting through finding a daily higher low if need be.
Overall the bulls are pleased with how their gains have held up. Now the question is: Can continued pressure be put on all the new shorts from the last couple days? Stay Tuned!
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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
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.