iCantw84it

BTCUSD possible pop with in the next hour at 6pm est

Long
iCantw84it Updated   
BITSTAMP:BTCUSD   Bitcoin
Based on the 1 hour chart you can see obvious re-accumulation and that should be solidifying within the next hour by 6pm-7pm. There should be a clear sign of movememnt up if everything went according to plan for this move. target is the last previous high before it dipped down to where it is now.
by iCantw84it
06.17.22
Comment:
there are two things i want to say....one the double green indecision candles following obvious saturated red candles in the previous 10 to 15 candles.... thats a change in character.

The other is that if you give it a few more hours i think we will start to see some seperation from the 20399 area.

if you blow this up to where you an see these indecision candles you can actually see them lifting off the bottom at a 45 degree angle.
Comment:
the 37th candle was what i call the push before the pop. the last push down to obtaint he rest of the float they need from retail before they let it go to move up
Comment:
Obviously that test for absorption failed at that candle expect another 25-37 candles before retest to same area

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