Hey guys, thanks for checking out today’s update. I’m going to skim over BTC
and LTC in this video, as that’s where much of the action is. I mentioned in some previous posts in the Discord server and my previous video that we’d have a good place to move our stops with BTC
, and that played out beautifully with a dump down to the low 9000’s. Had you placed your stop loss properly, you’d be in the profit and would have been able to scoop up that oversold bounce by a purely reactionary strategy of watching the 5m - 15m timeframes. From here we have a bear flag
and if we break the most recent bear fractal
or break the triangle of this flag, we’ll see a bit more downside. Be ready to buy a panic-sold dip! The story is about the same for LTC, watch the correlation as one may act before the other.