Bitcoin bulls are keeping up the strength with currently 9 days in a row with a higher low every day. When this pattern breaks we will look for healthy daily consolidation and a higher low. Bulls keep full control as long as this pattern is intact. 4H EMA support is lining up with this pattern, and when it is broken we will likely lose this EMA support as well. Still riding an ETH position and moving up stops as we go to lock in profit when our temporary tops are hit. FB getting lots of attention from its crypto launch, and very surprisingly the stock market is responding very well to it. Bulls in cash are waiting for a daily higher low to form to look for an entry. Hourly oversold conditions when looking for a daily higher low can also be a good signal to begin scaling in. Bears are waiting for the higher low every day pattern to break, to indicate a shift in momentum.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.