BTC bulls are slowly climbing a bit after the Tether situation has settled down.
We are watching arbitrage slowly bring exchanges back in line with each other though there are still some discrepancies.
I entered an initial position with the break of the hourly equilibrium from yesterday at $6,425 and will use the 4 hour higher lows as my stop.
Daily inside bar is going to form today and we will watch to see which direction it breaks tomorrow.
The crypto space is a bit on edge after all that action and volatility, but it certainly showed us how quickly things can happen.
I will still be using USD charts and with such a clear rejection of weekly resistance on coinbasepro by $13,
$6,823 has become an even more important number.
We are watching arbitrage slowly bring exchanges back in line with each other though there are still some discrepancies.
I entered an initial position with the break of the hourly equilibrium from yesterday at $6,425 and will use the 4 hour higher lows as my stop.
Daily inside bar is going to form today and we will watch to see which direction it breaks tomorrow.
The crypto space is a bit on edge after all that action and volatility, but it certainly showed us how quickly things can happen.
I will still be using USD charts and with such a clear rejection of weekly resistance on coinbasepro by $13,
$6,823 has become an even more important number.
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