BTC Riding Daily EMA 12 Support

BTC Bulls bought the dip after a dump many are attributing to a barrons article:
www.zerohedge.com/ne...s-algos-running-wild

We are looking for a 4 hour lower high to be set this morning and for ranges to continue to tighten.
We have 5 days within the current range highlighted on the chart, and I am patiently waiting for a break of this range before taking any more trades.
With a bull break we will be looking back to recent highs, and a bear break we will look to weekly consolidation to try and find a higher low.
Bears are going to be looking to top fish the pre-dump resistance levels looking for the 4 hour lower high.
Bulls not in a position will be looking to enter the 4 hour higher low we are anticipating for later today.
There is nothing wrong with doing neither and waiting for daily clarity!