The 6 indicates 12 more hours of downward movement. for BITFINEX:BTCUSD by mycotoxin

The 6 indicates 12 more hours of downward movement.
There will be some upward movement , but the main direction is down for the next 12 hours.

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This on the 4 hour candle , so every for hours 4 the next 12 we can expect volatility

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The daily is on a 1 , indicating a possible 1 to 4 day pullback. ( Note i said Possible - not this is what will happen )
Notice the color of the candle it is brown and not red. This indicates the MACD has not turned bearish , but there is chance it may .
A 1 to 4 day pull back will take us to Friday.

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12 candle is also on a 3 indicating 72 more hours of downward movement.
The good thing abut the 12 hour candle is it drops every 12 hours, so in between the 12 hours BTC -4.00% can go up
and drop when this candle closes.

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This may not make any sense if you are not familiar with TDMarck counters . However this is the summary of what the TDmark counters are hinting at :
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There is a very strong possibility BTC will drop for the next 1 to 4 days taking us to Friday . But the 4 hour candle will only drop for 12 more hours at which time BTC will start to climb up.

The 12 hour candle will however continue to drop over the next 72 hour and will drop slowly meaning there can be unexpected drops every 12 hours . At the end of 72 hours the 12 hour candle will flip positive and BTC will become bullish resume its climb up .
If trading this 12 hour candle is the one to trade against .

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The TD indicator script is written by @gemslove7 in pine script
more info here
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Thaisignal [TBX] - Time Indicator & Moving Averages

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Be careful of strangers in dark coats who say the bottom is in at 10700

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BTC gave some suggestions a few days ago of a what could happen

Note - this also a bear flag with a drop to 9300

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There should be a temp stop at 10700

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if BTC breaks out the bottom of the red triangle . BTC is moving to 8k

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At least 10 more hours of downward movement

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End target should be tween 9300 and 8500 in a few days

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9300 will be a double bottom and BTC is not a fan of double bottoms, so that's now going to be weak support and I suspect will not hold the bull .

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Notice the circled S , it means Sell , take profit , move to cash . Pack up the dog and the wife and leave town for a while.

Notice the circled S - means sell or take profit, move to Fiat

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if you look the red candle its a big candle ( a 23 hour candle) . This means even though its dropping there are still opportunities to make some $$ - As within that 23 hour period there will be upward movement .

Best to wait till the 4 hour candle wraps up its dump movement in about 10 hours then we can trade in-between the 12 and the 23 hour candles. These runs will most likely be resistance runs ( movements to the next resistance point) . Then you take the profit wait for the dip and then wash , rinse and repeat.

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The 4 hour candle is going to hit an 8 in 1 hour. Assuming it does not start a new countdown or count till 9 ( which means another 4 more hours ) BTC should start to move upward at this time for roughly 11 hours .
I say 11 hours of up-time because the 12 hour candle will also dump in 1 hours time leaving another 11 hours before it returns.

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will BTC stop at 10400 and keep following the trend line ?

will BTC follow this trend line and stop at 10400 ?

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4 hour candle wraps up in 30 secs . BTC may start to go up at this time ..mmhh

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seems to be moving up

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This is probably a resistance run , where BTC runs up to the next resistance only to retreat back down later. This run should go to around 109x or 11xx

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To be a legit run BTC has to cross 10950

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this looks interesting ...

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that graph was from a week ago , but the similarity to the last formation looks almost the same.

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The 4 hour is now on a 9 which means BTC should go up

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this should now be trading time ....

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give it about 30 minutes and lets see what happens,,,

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There's a trend change signal - but which way will it change to ? up or down

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BTC should move up ....move BTC.... Move

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oh no ...may be a trend change down . I really hope not

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somethings is going to happen a break down or a break up ..this is exiting

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BTC is showing some signs of life , there is upward movement .
The key will be to cross 10950 to confirm Bullishness

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BTC has it 10817 - it still needs to deliver 10950 to confirm bullishness

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BTC is currently bouncing in the channel between 10900 and 10623

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We should find out more about this trend change within the next two hours or so . it should be a large movement in either direction

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BTC drops it can end up at 10400

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....but there has to be a temporary bounce at 10400

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BTC is going up but wait for 10750 to confirm its really is going up

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