In our last post patterns called for a big move and that?s what has happened ? or should we say that?s exactly what?s happening. We?re in the middle of key price levels for BTC of $8400 and $7250 and there are important signals to watch that will help with trading strategies.

We share updated charts for BTC and ETC that offer some clues on where we are and where we might go from here.

We also add a third chart – XBT – that looks like it?s becoming ?must watch? and raises a big question

ARE THE XBT FUTURES ONCE AGAIN THE BEST INDICATOR FOR THE CRYPTO MARKET?

Study the chart and you?ll see why we ask the question ? it?s a very different set up than the BTC chart so how this plays out will mean SOMETHING – and if history is any guide it will be something important.

TRADE STRATEGIES

We?re in ?no man?s land? at the moment which is not the ideal time to load up on trades, or to panic sell before stops are hit, but we?re watching all the key coins and indicators and we?ll update as these patterns play out with the highest probability strategies.