BTC rejected from resistance yesterday, leading to consolidation remaining in this tightening range.
Break is imminent within the next 24 hours and how this 4 hour pattern breaks will have significant implications on how the daily range breaks.
Bulls need to show up this morning and shift the hourly trend to form a 4 hour higher low.
Currently still in an ETH swing position which I have trimmed a bit off of with profit taking.
The ETHBTC chart saw a bull break on the 4 hour yesterday during the resistance attempt and best case for ETH bulls would be a bull break of the 4 hour pattern with an ETHBTC bullish continuation move on the 4 hour as well.
Break is imminent within the next 24 hours and how this 4 hour pattern breaks will have significant implications on how the daily range breaks.
Bulls need to show up this morning and shift the hourly trend to form a 4 hour higher low.
Currently still in an ETH swing position which I have trimmed a bit off of with profit taking.
The ETHBTC chart saw a bull break on the 4 hour yesterday during the resistance attempt and best case for ETH bulls would be a bull break of the 4 hour pattern with an ETHBTC bullish continuation move on the 4 hour as well.
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