So, I charted this back on January 7th 2018, and every time I use the 240 or day chart, I plot these larger triangles. It's the safest bet for me to avoid heavy losses.
Since Bitcoin started it's decline I started looking for coins behaving the exact opposite of Bitcoin. What I found was there have been a few that have been going up a lot as Bitcoin continues to decline. As Bitcoin bounced, these coins would bounce a little too.
So, it's a good thing there is volatility in this market because you can recognize these signals, and set yourself up to jump in and out as necessary to make a little here and there with consistent gains.
Just to give you an idea, I started with $1000 around January 7th and I am up to just over $3100 as of today. Mainly I kept an eye on WTC (Walton), EOS, and Ethereum. They have performed the best for me in the downtrend of Bitcoin.
I am not offering financial advice, and this is not a signal to trade either way with either of these coins, just for educational purposes, and my first official post on Steemit. Looking forward to being a part of this awesome community. Thanks all.
Coins mentioned in post:
Looks like $5000 actually.......