TheChartGuys

BTC Hourly Equilibrium Perfection

COINBASE:BTCUSD   Bitcoin / Dolar
After a wild night of dumps and bounces, we are forming the hourly equilibrium pattern exactly as highlighted and anticipated in the youtube video last night.
We will look for this pattern to continue to tighten before a clear break this afternoon.
LTC currently has the tightest pattern and will break first, potentially giving us some clues as to the other two names.
Keeping eyes out for potential BCH correlations for clues as to the direction of the break as well.
BTC             is the leader of the space with significant correlations driving LTC and ETH when volume and volatility picks up.
Yesterday was a big reminder to have a game plan established, and not to panic under extreme conditions.
If you are a newer trader, trying to trade in this environment will likely eat you alive. Dont force things and continue to work on your education and preparation.
Thanks so much for this.

Some advise please. My wallet only allows to buy into LTC, ETH and NGN. Im sitting with BTC.

I want to move my bitcoin until after the retrace. Any advise which one of those is safest or do i just hold through this which seems like the worst option?
Balas
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