CRYPTO Breakouts Look False -- Pullback Still Expected

After waking up today and seeing this breakout, I looked at some of the things that were happening and realized that it's MORE THAN LIKELY a FAKE breakout.

Right after the initial boom, we saw no follow through. We saw a quick period of bull volume which surprised the bears. No surprise, there weren't many sell offers, so small volumes pushed prices up. Volume is basically the biggest and main indicator here! If we saw increasing volume on any chart, we'd be able to assume that there's a bit more strength in this.

Instead of strength, what I predict happened is that there were plenty of buy stop orders which bought a breakout.

Now....there's still technically an opportunity for the cryptos to hold higher lows and then make a new higher high. Likely? Not THAT likely in my opinion -- however, still possible.

For now, I'm staying liquid and in cash.