BTC GDAX double top over the weekend kept the bulls in the daily tightening pattern.
Weekly chart is looking set to give us a 2nd inside bar in a row.
We will be looking for a higher low on the daily today or tomorrow, but short term gains for bulls unlikely to be significant until we breakout from this pattern.
Up to bulls to prove themselves and shift momentum, as the bears have the upper hand on the daily trend.
This is a game of patience as we will likely see volatility in the sector pick up in February.
Stay patient and picky for trades while in the tightening daily range.
Weekly chart is looking set to give us a 2nd inside bar in a row.
We will be looking for a higher low on the daily today or tomorrow, but short term gains for bulls unlikely to be significant until we breakout from this pattern.
Up to bulls to prove themselves and shift momentum, as the bears have the upper hand on the daily trend.
This is a game of patience as we will likely see volatility in the sector pick up in February.
Stay patient and picky for trades while in the tightening daily range.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.