BTC has remained in the anticipated 12H equilibrium through the weekend, leading us to a likely break today or tomorrow. Watch for a volume spike to be associated with the break. With a bear break, the daily higher low is at risk, with a bull break, we look for continuation of the daily uptrend to try for higher highs.
Currently in a position from the play off daily EMA support and using the 12H higher low as a stop level. Some alt coins like LTC, EOS, BCH have already broken to daily higher highs, giving bulls some hope that BTC and the rest of the sector will follow.
Currently in a position from the play off daily EMA support and using the 12H higher low as a stop level. Some alt coins like LTC, EOS, BCH have already broken to daily higher highs, giving bulls some hope that BTC and the rest of the sector will follow.
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