BTC looking good :DD, going to test this log trend like still have allot of resistance in front of us. But BTC not breaking out and holding its ground has given a great opportunity for #altcoin 's to make a little move!! A couple things that are worrying me as a altcoin trader:
BTC breaks out hard and strong, alt coins feel pain
BTC Dips, alt coins feel the pain.
So be patient with your alt coin trading, scalp the coins you have position in , and try not to over trade.
Have been very lucky, allot of great gains this month so far and hopfully more too come. I just worry about a correction.
As for BTC, as we talked about on daily we have major resistance cluster here, both log TL, 50DMA, rsi resitance and cloud. We bounce off 26% )aprox) fib level and are now forming some support there. If we brake down there we will have to watch 50-75%, and anything more than that we pray for higher lows.
The four hour:
4 hour looks dam good! golden cross there just waiting to pop!