BTC Bulls Watching 4 hour Uptrend

BTC Bulls have seen some great 5 min oversold bounces for some flips.
We saw higher highs last night but only by about $150.
This shows us bull momentum is slowing a bit.
If we lose the 4 hour higher lows we will lose EMA 12 4 hour support with it.
A clue will be weaker 5 min oversold bounces and we will eventually see hourly oversold conditions, which will be another bounce signal to watch for.
I personally view the bulls in full control until the 4 hour uptrend is lost, then we look for healthy daily continuation.
Watching to see which alt coins pick up activity if BTC volatility slows down today.

تعليق:

EDIT: Lose the 4 hour uptrend and we look for CONSOLIDATION not continuation ; )