BTC Daily Consolidation Continues

BTC pulling back to lower lows on this consolidation, which is getting to a point where bulls need to show up and change the 4 hour trend. This would give us a daily higher low that we were patiently waiting for on the move up.

Still watching LTC and ETH gain some relative strength vs. BTC and that is where my interest has shifted in the shirt term. I am still riding an LTC position and the setup is such that we will likely see follow through on the daily trend change if BTC is able to change the 4 hour trend bullish.

EOSUSD is another alt coin standing out for the impressive bull move the last few days. Other alt coins are hoping for the same fate. If BTC trades sideways within a range all week, that gives alt coins some room to move a bit on their own, without significant correlation impact.