3 Indicators You?ll Want to Follow NOW
BTC is showing a strong price move above prior strong resistance at $8400?we?ve been watching this sort of price action between $6500 and $9500 for months
So ho hum?. right? Or??
Maybe this time something different is happening ? we want to share with subs a couple of indicators that certainly are new to the game in recent months. A summary then head to the charts for details.
1) Altcoins are moving up as fast or faster than BTC
2) We?re seeing a few of those MASSIVE moves we?ve shared in the past are good indicators of some bullishness in the entire market ? and these moves are coming in some proven cryptos (BSV and DASH for two examples ? see charts below
3) DASH has some massive volume increases happening ? why?? Could be it?s DASH?s turn for hedge funds to suck you in, but if you read our 3 years of cryptopatterns you?ll see how often our pattern that ?DASH goes first? plays out. Most times that was a strong bull market coming off correction? is that what?s happening here?
We?ve had a nice move but it?s not to late to trade if we?re truly starting something really bullish here. MUST DEFINE TRADES TO STAY SAFE (honor stops! ? not a ?buy and hodl? set up at this time!?)
We like focusing on the WEEKLY charts for now to avoid too much chasing, though that might change to Daily charts very soon. In any case, if you?re trading crypto and you missed our BTC entry from our last post from Jan 2 then this is the time to make a SAFE plan and watch for entries.
ALTCOINS
We are watching all the large altcoins especially ETH. Could we finally be at the tipping point where some altcoins break away from others? So far, no clear signs but we?ll be watching?.
