BTC bulls establish higher low on 4 hour.
Things going as anticipated in the video yesterday.
Bulls topped out in the later afternoon/evening and consolidated to form a higher low on the 4 hour.
EMA 12 and 26 resistance on the 4 hour currently keeping the price contained.
Bulls need a break for continuation on this bounce.
If we cannot break the high of the bounce this morning, look for a lower high and an equilibrium of sideways trading.
Bulls still have momentum in their favor on this bounce.
BTC continues to be the leader to watch for correlation to the other names, including most alt coins.
15 min higher lows being lost would indicate we enter the sideways trading scenario.
Bulls topped out in the later afternoon/evening and consolidated to form a higher low on the 4 hour.
EMA 12 and 26 resistance on the 4 hour currently keeping the price contained.
Bulls need a break for continuation on this bounce.
If we cannot break the high of the bounce this morning, look for a lower high and an equilibrium of sideways trading.
Bulls still have momentum in their favor on this bounce.
BTC continues to be the leader to watch for correlation to the other names, including most alt coins.
15 min higher lows being lost would indicate we enter the sideways trading scenario.
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