We may be going to 6k as Today ends the 1 to 4 day upward candle count At the beginning of this thread the( link below), we came off a daily 9 candle which meant we had 1 to 4 days of upside then we go down as the weekly candle is bearish. in about 6 hours the 4th day will end and we start the descent.
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Weekly cyrpto market session ends in 1 hour and 30 mins and a new Crypto weekly session will begin .
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This weeks market has kicked off ! starting with APAC ( Asia pacific and Australia)
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This could be a bullish move - theres a cup and handle forming
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if entering wait for confirmation when BTC passes the 8623 resistance ( around 8700)
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Im still convinced we have a dump to the lower 6 or 5 region but BTC will probably catch us off guard by moving higher then returning to complete the dump. How high ? I have no idea it could be 10k , 13, 17, 19 , 22 .
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CBOE futures expire on Feb 14th so this may be something to keep an eye on
thanks for all effort you are making, but crypto market is hard to predict , which you all the best in your trading
mycotoxin
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@Houari1981, Yes it is ..lots of plays to move the money in different directions.
UnknownUnicorn1024359
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nice buddy
where you expect the next nine?
mycotoxin
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@GordonGekko33, Cheers , BTC counted up 9 candle weeks and is now couting down 9 -
To be bullish the weekly will have to close above the week before candle or we start candle number 6 on the weekly ,
This means potentially 3 more weeks of correction to go . We want to get a 9 count on the weekly so we can flip to bullish.
The daily will most likely count down another 9 days and then flip to 4 days of upward movement.