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TheChartGuys
Jan 11, 2019 11:58 AM

BTC Scouting 4 Hour Lower High  

Bitcoin / United States DollarCoinbase

Description

Clear bear break yesterday has led to a slow grind bounce.
Looking for a 4 hour lower high to be set as the RSI slowly recovers from oversold.
4 hour EMA resistance on watch as it continues to drop down.
Short are likely to try and act on the 4 hour bear flag at some point today, we will see if bulls can defend support.
After the dump yesterday, sentiment in the space is looking to head back to recent lows.
Bulls need to be quick with their flips, bears have many time frame trends on their side.
Comments
Bosco16
Can you draw the bear flag next time adnd circle the four hour distance from current
cryptomizer
Any chance to get finally to your group on your web site? More then a year passed since I subscribed to your waiting list to join...
Thank u for an update.
cryptochemistry
thanks Dan
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