TheChartGuys

BTC Daily EQ Can't get much tighter

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The daily chart continues to tighten on low volume as we know a break is imminent early this week.
The bulls are trying to form a daily higher low, and a break of $6,585 would confirm our daily higher low is set.
Note all short term time frames lower than the daily are a bit choppy, though the 4 hour can give us a bit more clarity for levels.
__________________________________________
Just as I was typing this bulls broke this $6,585 level.
We now have our clear daily higher low at $6,492.
This gives us a daily range now of $149 set to break shortly.
Both bulls and bears are setting stop orders for when this range breaks.
Thank you for hard work!

This is my BTC analysis for Oct 8. I discuss larger time frames | order blocks | potential price movements for next few months | 4h time frame short term move:
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out