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TheChartGuys
Oct 14, 2019 10:45 AM

BTC Scouting 4H Lower High 

Bitcoin / U.S. dollarBitstamp

Description

Solid bounces all around after the dump yesterday broke to lower lows on BTC. Note most altcoins held their 4H supports to keep their daily higher lows intact. XRP bulls even saw a full recovery and breakout, leading to daily higher highs like those already seen on BNB. Watching BTC for a 4 hour equilibrium to form today if a lower high is set.

At this point the daily higher lows are still intact for most names, indicating our weekly lower highs have not been set yet. Continuing to watch BNB and XRP for lead clues as they have been some of the early moves that others have followed over the last couple weeks.

Personally still patiently waiting for clarity within this range. Attempted to play the bounce yesterday and just missed some ETH fills. No rush for me personally while I wait for more clear patters to develop.
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