TheChartGuys

BTC Hourly Pattern Tightens

COINBASE:BTCUSD   Bitcoin
Break imminent this morning from a range that has been tightening for the last dozen+ Hours.
With a bear break, the 4 hour uptrend will be in jeopardy and daily consolidation will be underway.
With a bull break, there is limited resistance back to the top of this bull move just under $7,600.
Personally remaining patient while we trade within the $800+ range from high to low of consolidation.
Daily inside bars on ETH and LTC worth watching for potential first mover clues to the most likely direction.
Stock traders are watching RIOT, GBTC, HIVE.v, GLXY.v and other names in the blockchain sector for strength this morning.

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