TheChartGuys

BTC 15 min Bear Equilibrium break

COINBASE:BTCUSD   Bitcoin
The pattern highlighted in the video last night played out all night, before breaking this morning.
Alerts were firing off and I ran downstairs...naked... to flip $14,000 to $15,000 in literally 1 minute.
The volatility continues and the signal was the 5 and 15 min RSI being oversold.
Keep using the 15 min chart and look for a higher low on consolidation to form, and another mini equilibrium pattern.
This bear break increases the odds that our top is in for the weekend, and we will have to see the bulls prove to us they are back in control.
Still cautious as we head into futures Sunday and will be doing a talk with Nuggets News on the subject Sunday night.

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