BTC is now consolidating after a big bull break with a touch of FOMO thrown in. The current daily candlestick is a bearish reversal spinning top, but with a long way to go that can change before close. I am anticipating an hourly lower high to be set in the $8,800 range and an hourly equilibrium to form the rest of the day. The break of this equilibrium will tell us if we see continuation for bulls overnight, or more drawn out consolidation on the daily. My target for BTC has been hit for the weekly lower high, and tune into today's video to see how eerie close the S&P500 weekly equilibrium... which formed its lower high this week. I was stopped out at $8,800 and back to all cash after some awesome April opportunities. Congrats bulls!
Loving your work Dan, specially the videos. It's taken me a while to begin to get my head around TA in general, and your rat-a-tat commentary on higher lows, higher highs, and equilibrium patterns, but it's making a lot more sense with more exposure to it. Thank you for sharing, and doing good things. The world needs more of that in particular.
thecorncollector
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@mattgarbutt, Totally agree. Dan, you da man!
MrRenev
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@mattgarbutt, What? Oh helll nowe! Then they'd be less people to rob. I want Dan all to myself.
Tbh even when Dan brings the horse to the waterhole...the horse doesn't drink, so maybe it wouldn't even matter.
Most people are too emotional to do this correctly.
Oksamit
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@mattgarbutt, would you please tell where to watch the video. Thank you.