Bitcoin

BTC 4 Hour Uptrend Comfortable

833
Bulls holding on to their slow and steady momentum, with about 5% space above the last clear 4 hour higher low. This means even if we see a consolidation day today the uptrend can remain intact.
This is the most important time frame for me into the weekend as it will give us information on the likelihood of the daily equilibrium forming or not.
With the BTC pairings of ETH and LTC still potential bear flags on the weekly it will be up to the coins to break out of their daily ranges harder than BTC in order to gain ground on the dominance creeping back in.
Bears are scouting a top fishing entry with $11,100. Bulls are either in positions or patiently waiting (and hoping) that the daily equilibrium does continue to tighten with a lower high.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.