Crypto break-outs pending? Tight consolidations look bullish

Seeing is believing for many TA’s but traders and investors don’t always have that luxury - Many technical analysts understandably prefer to see technical patterns resolve in one direction or another before committing new capital to a developing trend. We  have said it before, pre-judging technical patterns before they resolve can be detrimental to one’s  financial health. That’s all fine for starting new positions but most investors are already committed to positions that need to be managed. The alternative approach is to be positioned with an expectation a pattern will res...