BTC consolidating and trying to hold the low of the initial pullback after the Tether consolidation.
I always try and find the clearest setup time frame and keep it simple on the day.
For today, doing this I look at the hourly EMA resistance rejections the last dozen hours,
and then see the 4 hour EMA resistance as well.
So I say to myself "The bears are in full control today as long as hourly and 4 hour EMA resistances remain.
This keeps it very simple and straight forward and every time I check in on the chart, I now know what to look for first.
Still a game of patience as we cruise towards fundamental advancements Bakkt and fidelity crypto platforms.
I always try and find the clearest setup time frame and keep it simple on the day.
For today, doing this I look at the hourly EMA resistance rejections the last dozen hours,
and then see the 4 hour EMA resistance as well.
So I say to myself "The bears are in full control today as long as hourly and 4 hour EMA resistances remain.
This keeps it very simple and straight forward and every time I check in on the chart, I now know what to look for first.
Still a game of patience as we cruise towards fundamental advancements Bakkt and fidelity crypto platforms.
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