mycotoxin

BTC -YAY! Kept the 7 and now has the new daily candle

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Cowabunga ! BTC kept the 7 and now has the new candle.
The new candle shows as 1 . But thats not important as it can flip to an 8 mid week .
The important thing was for BTC to end the weekly daily candle on a 7 and this has been accomplished .

Now we need to wait for the new daily candle to flip from a 1 to an 8 which should happen before mid week.
This will indicate upward movement.
If there is to be major downward movement I'm expecting it to occur on or after Tuesday .
Dude, how do these numbers work? I wanted to learn but I did not find information about it. Could you explain me? Do they really help predict movements?
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mycotoxin eduardokaykedasilva
@eduardokaykedasilva, they are good on the weekly and daily to gauge where the movement is heading ,

Basically they work by counting 1 to 9 upwards - and then 1 to 4 to set up the next trend .
green numbers indicate upwards movement and red numbers indicate downward movement.

A good example is BCH in the graph below you can see it counts down from 1 to 9 and then it starts a new trend upwards .

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@mycotoxin, I understand thank you. Would you have the correct name of this sign for me to look for more information about? Here in Brazil I can not find anything related!
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@mycotoxin,
or some website you use to learn.
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mycotoxin eduardokaykedasilva
@eduardokaykedasilva, i got the script from @gemslove7 - .
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@mycotoxin, Thanks!
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mycotoxin eduardokaykedasilva
@eduardokaykedasilva, see here also
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@mycotoxin, ok, thanks!
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@mycotoxin,
Thanks for helping me. You do not know how complicated it is to find some information being in other countries. Thank you!
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