TheChartGuys

BTC Patience on the Daily

COINBASE:BTCUSD   Bitcoin
BTC continues to tighten and sometime within the next 3 days or so we will be looking for a volume and volatility spike to break this tightening range. Patiently waiting on the sidelines until then!

A bull break will have us zoom out and look for a weekly lower high. A bear break will tell us the monthly higher low is not set yet and we will be looking back to the recent $6,526 low.

Avoid shorter term time frames and fake outs when we are tightening on the longer term time frames!

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