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mycotoxin
Apr 2, 2019 10:01 AM

BTC Warning - BTC on a weekly 9 and possible daily 9  

Bitcoin / DollarBitfinex

Description

Whats all this 9 business mean ?

On a Tom De mark counter ( TD counter ) A weekly 9 candle is usually associated with a reversal move downwards - however it can also indicate an extremely bullish move upwards if a green 1 rather than a red 1 follows the 9 count .

However looking at BTC's daily candle it shows that the daily candle is on a 7 out of a possible 1 to 9 candles and is also going to hit a possible 9 candle on Thursday April 4th .


Now looking at BTC's 12 hour candle , this 12 hour candle is also on 3 out of 9 count and will hit a possible 9 in 2.5 days

This means the 9 on 12 hour candle
will line up with the possible 9 on the daily candle and also line up with the current 9 on the weekly candle on April 4th.

This is important as if these 3 9s hit on April 4th ( the weekly , daily and 12 hour ), it lets us know a very strong movement is incoming. Hence if , BTC moves downwards this will be an extremely strong move downwards .
Other other hand if BTC moves upwards it will be an extremely strong movement upwards.

if BTC hits 58xx before Thursday April 4th then I suspect this will be a strong reversal movement downwards. ( of course I could be incorrect and nothing happens or BTC moves up. However be alert this Thursday April 4th and this coming weekend for possible large movements upwards or downwards.


Comments
SuperShibe
Strong agree - CMF is also looking like it will top out at this level too. Smart money about to leave the elevator
mycotoxin
@SuperShibe, yes good eye .. so is the KVO ..it looks likes there will be a bit more movement upwards but we have to be very alert this week.
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