Very similar setup to BTC on the 4 hour but a bit different which has led to both LTC and ETH breaking their daily inside bar bearish already.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
This increases the odds a bit that BTC will end up with a bear break but we are still watching close as a bull break in BTC could negate these bear breaks.
The daily charts will need to form a higher low and break the top of these bounces up to this point.
It continues to be a long road ahead for the bulls, as the bears remain confident and comfortable with daily EMA 12 and 26 resistances.
Still a patient game until we get some clarity and a break from the range we have been in the past few days.
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