Very healthy consolidation after a crazy bull run the last 2 days.
Still correlation to BTC but it can break when volume spikes.
There has also been a bot that will begin buying .1 very rapidly when the volume and breakout gets going.
We have seen this bot a couple times now and it gives me additional confidence on entry.
We will look to establish a 4 hour higher low on this consolidation and as long as BTC bulls remain in an uptrend, we will have significant volatility to trade.
Currently a 15 min equilibrium pattern to be watching.
Chart shifting back to 15 min higher lows and higher highs will indicate a new hourly/4 hour support is established.
Still correlation to BTC but it can break when volume spikes.
There has also been a bot that will begin buying .1 very rapidly when the volume and breakout gets going.
We have seen this bot a couple times now and it gives me additional confidence on entry.
We will look to establish a 4 hour higher low on this consolidation and as long as BTC bulls remain in an uptrend, we will have significant volatility to trade.
Currently a 15 min equilibrium pattern to be watching.
Chart shifting back to 15 min higher lows and higher highs will indicate a new hourly/4 hour support is established.
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