All market (crypto&tradionals) have been green – BTC follows ETH

All market (crypto&tradionals) have been green – BTC follows ETH

Good morning everyone.

The entire market (crypto & tradionals) have been breaking ATH’s (especially tradional stocks) like gold for example. Link has been outperforming BTC . It’s time for BTC to shock people like LINK has been doing.

Uptrend has 3 solid points of contact (validation), while the downtrend has 2 solid points of contact (validation), however the downtrend wicked above, but recovered after.

White checkmarks = (validation) points

Yellow checkmarks = (invalidation) – in this case looks like double top . We’ve recovered since that drop already & with support.

( cme gap – 9600 – keep in mind gaps don’t need to get filled right away – the 11800 gap wasn’t filled for 2 years)

(where this rally started – the start green candle to spark attention – (9000 – 9250)

Be safe & stick to your plan (don’t let emotions get in the way of your TA & bias)

Smash that like button if you appreciate the chart.


Published at Fri, 14 Aug 2020 08:05:04 +0000

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