TheChartGuys

BTC Bulls Still Need Follow Through

COINBASE:BTCUSD   Биткоин
We are still seeing the bulls grind EMA 4 hour support, but they have to break the lower highs to see continuation and shift momentum.
The bears continue to hold the upper paw as long as the lower highs remain.
The daily chart continues to tighten and this weekend it will be worth watching other alt coins in daily equilibriums to see if we have any initial movers for clues.
As the video yesterday alluded to, we are likely to see things get very tight and boring just before a volume and volatility spike.
We must stay vigilant for this reason! I will look to set a potential stop buy order if we get another clear daily lower high.

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