BTC- incoming short-term move targeting 5800 or 6500
If you are familiar with TD counters then a red 9 countdown indicates a 1 to 4 candle move upwards is on the horizon. BTC has counted down to 9 and the next candle using the 5D should be a green "1 " indicating upward movement. I'm expecting to see this upward movement next week so lets see how it progresses.
This drop distance targeting 66 unless LTC moves past 90 . If LTC moves past 90, then LTC can move to 127. if BTC drops to mid 5k area then LTC will also move to 60.00. if BTC moves to 4k then LTC will move to 50.00. LTC like most of the other coins is looking like its ready to move up , but we need to see proof by LTC moving past 90.00
BTC - Bear Trap , This sucker is bouncing soon
The drop distance is targeting 5200 - But this drop is broken if BTC can move past 6300. Successfully moving past 6300 puts BTC on the path till 7900 - but it needs buying volume. If BTC drops to 4k its going to move to 1.2k so this is not a great idea.
BTC- Short term move coming up to either 6300 or 6000
BTC has hit the side of the wedge, but there is still a missing drop which ends close to the 5800 area. So BTC will have to bounce at around that area or its a fall down lower. I suspect this is a bear trap as the wedge is ending and there may be only one more week of downtime left. BTC also shows it can move up higher to the 8k area, So the test now will be...
BCH counts down for 6 weeks then goes up ..lets hope does it again . Currently working on numero 5.
BTC - There are two options: a) BTC can come down touch the side of the wedge at 6100 and then move to 7500 b) BTC can continue from here to 7500.
BTC is still an uptrend as the daily candle count is still up.( The green 4 on the current graph) But the current 4 hour candles is on a downtrend and BTC could go down to 6318 and then resume its upwards climb.
BTC - the 9 positive count ( positive because the candles are numbered in green ) indicates BTC is going to go down possibly for a count of 1 to 4 candles( 4x 4 hour candles - 16 hours ) which hopefully stops at 6446.
BTC - Needs to explain what has happened to this move to 5800 - where did it go ? Its an incomplete move to 5800 which will be covered at a later date. BTC will move up but you betcha BTC will come down and complete the move later.
TRON - First moving to .050 then .067
Tron Main-net goes live in a few days and Tron purchased BitTorrent for 120 million - Theres no harm in purchasing junk if you can afford it .