TradingView
cryptoGats
Aug 6, 2019 9:18 PM

Bitcoin looking to go up some more. 

Bitcoin / TetherUSBinance

Description

As you can see BTC has violated the downtrend channel and a golden cross is forming in the 4h (Four-hour timeframe) which will happen in the next few hours. I'm in an LTC trade counting on BTC hitting 15.5k and LTC going to $110.00 after that, resistance will hit for both and they may retrace up to 60% in the coming days.
Comments
nagihatoum
zif btc goes up it will kill alts.
cryptoGats
@nagihatoum,
yes some, but not all. The trick is to find the ones that have breakout setups and ride the wave with BTC, there are a few out there. The other half of the trick is to ride only the breakout and to not stay committed, sell as soon as you hit first major resistance.
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