TheChartGuys

BTC Bull Break from Equilibrium

COINBASE:BTCUSD   Bitcoin
Last night we had equilibriums on the big 3, and we saw BTC breakout while LTC and ETH dumped.
The lower high at $17,200 breaking led to significant short term gains, a pullback, and now a test of the recent high.
The bulls are in full control with little resistance, but there is a good amount of coins on the ask for the bulls to work through.
Keep an eye out for this inverse correlation. It often shifts but when it is present it is clear.
Potential for all time highs if we get a bull break of the daily equilibrium setup and $18,150 resistance.
Watch for pullbacks during extreme dumps in ETH and LTC as traders look to play those bounces.

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