TheChartGuys

BTC 4 Hour EMA Support Test

COINBASE:BTCUSD   Bitcoin
BTC is still trading fairly sideways as we watch for the daily inside bar to break.
EMA 12 support has been holding since the wildness 2 days ago and is currently being tested again this morning.
Yesterday on coinbasepro there was some wild bot battle action with high volume, if you zoom in you can see it.
Unusual for us to see this much volume on coinbasepro and not on other exchanges. We will look at it in the video today.
We are still in a patience game for the market as a whole, but I must admit this morning I woke up and got a feeling the impending volatility and break were drawing near.
Tether still has our attention and is still a main talking point for the crypto community.
Many still believe Tether is in trouble, and will see an exit scheme... and many believe it is fine and all FUD.
Whichever is true you should ASSUME it is a scam and worst case scenario so that you will not put yourself in financial distress if worst case were to happen. This is what I did when I first deposited USD onto coinbase May 2017. I assumed all that money was now gone.
I have made 3 trades in the last 2 months for pretty much break even, and I look forward to becoming more active trading in the sector soon!

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.