TheChartGuys

BTC Potential 4 hour Bull Flag

COINBASE:BTCUSD   Bitcoin
BTC bulls keeping full control after the bull break during yesterday's video.
We ended up seeing a bit more continuation before consolidation overnight.
Very healthy pullback at this point and even if the 4 hour higher low is not set, there is plenty of space above 4 hour EMA support.
Bulls have full control at this point and bears will most likely make an attempt to keep the price contained if we approach recent highs in the $5,400s.
For every leg up we see over $5,500, the more likely our bottom is set as there is more and more space created for consolidation to occur.
LTC and ETH a bit behind BTC as far as strength on this last move.
Eyes on the ETHBTC chart as it heads back down to test key weekly support.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.