BTC has been a bit choppy on the 4 hour chart the last 2 days, but when zoomed out it is smooth and clear on the daily.
We are looking for a daily higher low and it would be ideal for bulls if it held EMA12 support.
Bulls have lots of space to work with on the daily and we will only see a red flag with high bear volume and a break of EMA supports.
BTC bounced from 15 min oversold conditions again yesterday, to lead us to the current hourly equilibrium that is forming.
We will have to lose the daily uptrend to be looking for weekly consolidation.
LTC and ETH still lagging behind the bulls, but Ethereum has a couple events approaching including Consensus.
We are looking for a daily higher low and it would be ideal for bulls if it held EMA12 support.
Bulls have lots of space to work with on the daily and we will only see a red flag with high bear volume and a break of EMA supports.
BTC bounced from 15 min oversold conditions again yesterday, to lead us to the current hourly equilibrium that is forming.
We will have to lose the daily uptrend to be looking for weekly consolidation.
LTC and ETH still lagging behind the bulls, but Ethereum has a couple events approaching including Consensus.
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