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iCantw84it
17 июня 2022 г., 21:16

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

Bitcoin / U.S. dollarBitstamp

Описание

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

Комментарий

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.

Комментарий

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

Комментарий

Obviously that test for absorption failed at that candle expect another 25-37 candles before retest to same area
Комментарии
YvYc_Always
I'm sure I am not as good as you are at this stuff however, I can't help but notice a descending triangle off the TF1. Your thoughts?
iCantw84it
@irunlite601, Good look...However I tend to like lower highs after a signicant drop and then price action jumps up a level...after that when i see lower highs three in a row. I assume accumulation is about to happen....meaning it should drop and start to roll upwards. when i see price starting to make a hard angle up at 45 degrees if everything else happened right then this is the move to test the last high and see if accumulation and retail is on the same side of the fence.
AlCap122
Thanks for sharing! 20 K seems to be holding for a while
iCantw84it
@AlCap122, i feel like its showing bounce like qualities here too
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