RE: STEEM - Double Bottom done - bounce

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STEEM - Double Bottom done - bounce

in steem •  7 years ago 

Appreciate the TA.

Given that the crypto markets are so new, and most people just think BTC when they think crypto and/or invest in one of the 4 coins on Coinbase, aren't most of the trends following or countering BTC anyway?

From what I've seen, money floods in and out of the alts based on what BTC is doing.

In your opinion, based on that, is it useful to just look at charts for single altcoins?

In an isolated stock, info like double bottoms is super useful, but it seems to be less so with altcoins because of the weight BTC has on the overall market.

Curious on your thoughts.

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