Very healthy consolidation as we look to EMA 4 hour supports if we see further pullback.
Only red flags will be increased bear volume.
This setup is ALL about BTC and clear $6,800 resistances, so attention should be there just as much as ETH.
When bulls show up for the resistance test it will be fast and out of nowhere.
Expecting a test sometime within the next 24 hours.
Currently a patience and waiting game as those that do not have positions and do not want to chase a bull break are looking to add on this consolidation.
Only red flags will be increased bear volume.
This setup is ALL about BTC and clear $6,800 resistances, so attention should be there just as much as ETH.
When bulls show up for the resistance test it will be fast and out of nowhere.
Expecting a test sometime within the next 24 hours.
Currently a patience and waiting game as those that do not have positions and do not want to chase a bull break are looking to add on this consolidation.
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
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social