mycotoxin

BTC daily counter is on a 7 = two more days of upward movement

BITFINEX:BTCUSD   Bitcoin

The daily TD counter is currently on a 7 and will hit an 8 later today (sunday).
On Monday this daily candle count will hit a 9 . Hitting a 9 on a Daily TD counter
indicates a potential 1 to 4 candle pull back which would begin on Tuesday,

But the new count on Tuesday can have several options which iv'e summarized below .

a) on Tuesday BTC begins a pull back for 1 to 4 candles ( 1- 4 days drop ) then continue up .

b) on Tuesday BTC starts a new ( 1to 9 ) TD count up and continue to move up higher; However looking at the daily RSI and STOCH id expect an interweek pull back
then BTC moves back upwards .

C) On Tuesday BTC starts a negative count down and drop lower


................We will know on Tuesday what direction BTC picks . Im sure we are going to 9600 but the path there remains unclear.

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