BTC bulls still holding 4 hour higher low on GDAX but it has been lost on Bitfinex.
This increases the chances that GDAX will see a laggard bear break and follow, as ETH has already lost its higher low as well.
Losing this support will increase odds of a daily equilibrium, with a daily lower high being set.
Anticipating ranges to tighten on the daily as we approach the weekend.
No over-trading in a tightening range on the daily until we see volume spikes and clear breaks.
Looking for this weekend to give us a clear break on the daily for direction and momentum into next week.
There will also be a clear bear entry if we do see a loss of the daily higher low.
This increases the chances that GDAX will see a laggard bear break and follow, as ETH has already lost its higher low as well.
Losing this support will increase odds of a daily equilibrium, with a daily lower high being set.
Anticipating ranges to tighten on the daily as we approach the weekend.
No over-trading in a tightening range on the daily until we see volume spikes and clear breaks.
Looking for this weekend to give us a clear break on the daily for direction and momentum into next week.
There will also be a clear bear entry if we do see a loss of the daily higher low.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social