TheChartGuys

BTC Consolidation Underway

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC             has lost the hourly higher low pattern and is now trying to hold the 4 hour higher lows.
Lose the 4 hour higher lows and we will look for more significant consolidation on the daily as the bulls try for a higher low.
Bulls want to see low volume on this consolidation to indicate a higher low is healthy.
Bulls are looking for the daily higher low to form by Wednesday to remain strong.
Currently all cash from last night and very patiently waiting for signs the daily higher low is being set.
Watching to see if 4 hour higher lows can hold for the rest of the day.
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