BTC 4hr EQ set up
Hey, as you can see on the chart BTC is currently in a textbook Equilivrium pattern (tightening range). Right now bulls have exponetnail support on their side and can look for a bounce attempt here to favour a bullish break of this EQ.
If exponential support is lost I will be favouring the bears in this Equilibrium battle. I will not be trading within this range and will await a break out to the upside if it happens to enter positions.
If exponential support is lost I will be favouring the bears in this Equilibrium battle. I will not be trading within this range and will await a break out to the upside if it happens to enter positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.