The 4 hour trend has changed with a higher low and higher high, but it was right into EMA resistance.
The last 2 candles are currently not getting much follow through for bulls as we reject from EMA 12.
If we are unable to turn it into support, we will have a daily inside bar to watch tomorrow.
If the bulls are able to get over resistance, we zoom out to the daily and look for a lower high compare to $3,657 which is marked here on the 4 hour chart.
On a fundamental note, as a fidelity user for stocks I am very interested to see how they incorporate crypto into their platform in March!
The last 2 candles are currently not getting much follow through for bulls as we reject from EMA 12.
If we are unable to turn it into support, we will have a daily inside bar to watch tomorrow.
If the bulls are able to get over resistance, we zoom out to the daily and look for a lower high compare to $3,657 which is marked here on the 4 hour chart.
On a fundamental note, as a fidelity user for stocks I am very interested to see how they incorporate crypto into their platform in March!
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social