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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (25517)5/15/2021 4:54:04 PM
From: ItsAllCyclical  Read Replies (1) of 96672
 
From a simple price perspective I can see what you mean regarding BTC on the weekly. Not a bearish setup yet and consolidation is healthy. If ETH corrects like you expect then I'd expect BTC to get tagged more. Normally BTC is the leader, but ETH has run so much of late and it's market cap is big enough that a drop like that would hit everything (or most everything in the ST).

On the weekly BTC looks like there was a compression pattern on the full STO from approx Sept 2019 to present that just recently broke down. Am I seeing this correctly? (14, 3) and (13, 8) settings.
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