Very similar setup to BTC on the 4 hour but a bit different which has led to both LTC and ETH breaking their daily inside bar bearish already.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.