BTC 4 Hour Support Test

BTC continues to tighten from the range set yesterday. We have EMA resistance on the 4 hour, and bulls are currently trying to hold the higher low of support and stay within this range through the morning. We must see a bull break for our daily higher low to be set.

While we have traded within this range, LTC moved to a higher high, while ETH remained in a similar 4 hour pattern, but in a more favorable spot for the bulls with 4 hour EMA support. These two coins still have my attention as we watch for the possibility their BTC pairings could change the daily trend bullish for the first time in a long time into next week.

BTC volatility has dropped the last 24 hours and I expect a short term spike in volatility when this 4 hour range breaks.