Bear break of the 4 hour higher low, but bulls attempting to buy the dip.
We are remaining in a fairly tight range for the last 2 weeks, but bears keep the upper hand.
Some names like LTC are holding up better than BTC, but without favorable correlation we dont expect them to get very far for the bulls.
Bulls will have to break the 4 hour lower highs on BTC in order to shift this momentum.
The only good news for the bulls is they are defending support and getting steamrolled on bear breaks.
Still watching daily EMA resistances as they continue to drop.
We are remaining in a fairly tight range for the last 2 weeks, but bears keep the upper hand.
Some names like LTC are holding up better than BTC, but without favorable correlation we dont expect them to get very far for the bulls.
Bulls will have to break the 4 hour lower highs on BTC in order to shift this momentum.
The only good news for the bulls is they are defending support and getting steamrolled on bear breaks.
Still watching daily EMA resistances as they continue to drop.
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