BTC Potential 4 hour Inverse Head and Shoudlers

16 พ.ย. 2018

BTC is still in a 4 hour lower high pattern, but this current consolidation is healthy as the bulls look for a higher low to be established compared to the low of the dump.
If we see a break of these two resistances, there is a lack of immediate resistance nearby and we will look for a daily lower high to then be set on the bounce.
Potential for a daily inside bar to form as things slow down.
Patient bulls are waiting for either a daily trend change or even more patient, waiting for the weekly trend change. Bears are waiting for the daily lower high to re-enter with daily EMA resistance as a guide.