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TheChartGuys
Apr 5, 2019 11:05 AM

BTC Tightening 4 hour Pattern 

Bitcoin / United States DollarCoinbase

Description

If we are going to continue to fill out this tightening range, I would expect a 4 hour lower high to be set this morning and a pullback to a higher low.
We have gotten the anticipated price action for this pattern so far since the video yesterday.
Increasing bull volume would be an indication the bulls can just break this patter and head back towards recent highs.
With out it, the lower high and consolidation most of today is a more likely scenario.
Bulls and bears all patiently waiting for the tight range to break for a volume and volatility spike after the wild start to the week.
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