BTC has been finding great support at 60k. We are starting to get lower highs on the 4 hour suggesting we could be in for some downside soon.
As price gets squeezed between 60k and lower highs it increases chance of a significant move up or down.
I've been wrong on major trend reversals at these points a couple times the past few months, but again, I can only really read it one way.. i wouldn't buy up here, price often comes down after highs like these, so I'm tipping for correction.
PREDICTION = 60k breaks, back into the 50s.
Some other ALTs I glanced at today were LSS, STEP, VRA, SLP, DYDX, DOT and KSM.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:20 = Big candles
2:00 = 4H desc triangle
4:00 = Bearish pattersn are now bullish?!
5:15 = cryptopanic news
6:50 = Sideline money leave again?
9:00 = Dont buy tops
9:45 = CoinMarketCap alts
12:50 = Traditional markets
15:00 = LSS - Lossless
15:20 = STEP
16:00 = VRA - Verasity
17:00 = SLP
17:20 = DYDX
18:20 = DOT + KSM
19:30 = Closing words
------------------
NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
As price gets squeezed between 60k and lower highs it increases chance of a significant move up or down.
I've been wrong on major trend reversals at these points a couple times the past few months, but again, I can only really read it one way.. i wouldn't buy up here, price often comes down after highs like these, so I'm tipping for correction.
PREDICTION = 60k breaks, back into the 50s.
Some other ALTs I glanced at today were LSS, STEP, VRA, SLP, DYDX, DOT and KSM.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:20 = Big candles
2:00 = 4H desc triangle
4:00 = Bearish pattersn are now bullish?!
5:15 = cryptopanic news
6:50 = Sideline money leave again?
9:00 = Dont buy tops
9:45 = CoinMarketCap alts
12:50 = Traditional markets
15:00 = LSS - Lossless
15:20 = STEP
16:00 = VRA - Verasity
17:00 = SLP
17:20 = DYDX
18:20 = DOT + KSM
19:30 = Closing words
------------------
NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
