$XLM
This seems to be a coin everyone is uber bullish on so let me fuck it up.
Is it going to Coinbase? I don't actually know but if it is I'd make sure to start selling on the way up and be out once it's there.
Looks like a prime candidate for staircase up then elevator down
$BTC
Sell model part deux.
Seeing a lot of these charts on Twitter today :p.
Same thing as yesterday we've basically had an SFP into an OB below the most recent consolidation. Bulls need this low to hold or we are clearing of the equal lows IMO.
could treat false breakouts the same as SFP's.. if everybody is watching the breakout and it doesn't follow up it's most often even more bearish than it looked bullish if that makes sense.
if people get trapped price is going for their stops, in this case to the downside.