TheChartGuys

BTC Low of Yesterday Test

COINBASE:BTCUSD   Bitcoin
BTC Bears still keeping control, though the bulls are attempting to hold low of yesterday with a 4 hour higher low this morning. A lot of follow through will be needed from bulls to mean anything, but they are not rolling over and giving up in this range just yet.

We may trade within this range for the rest of the week so ensure you are able to be patient and not over trade! Remember, increase trading aggressiveness when tight ranges break, and pull back on the reigns when we are in tightening ranges. It helps to just set clear rules "I will not trade BTC while we are between $7,700 and $8,800. This ensures a new range before I even begin to develop a trade game plan.

Worth keeping tabs on the alt coins that still have daily up trends at this point, and there are a handful of them. XRP, BNB, ZRX are the first that come to mind.

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