Alright ladies and gentlemen the 1hr TIME Cycle is almost completed .
In the next 6 to 10 hrs (if not sooner) the 1hr Cycle will be completed and it will stop going up to start moving sideways and then start to rolling down for a test to the $100k line again and eventually a test to the recent low of $98k, so whatever the high it prints during that period of TIME that will be it, at least until the set up is ready again. We will follow with updates.
Book profits or at least protect capital with sl. Stay tuned
In the next 6 to 10 hrs (if not sooner) the 1hr Cycle will be completed and it will stop going up to start moving sideways and then start to rolling down for a test to the $100k line again and eventually a test to the recent low of $98k, so whatever the high it prints during that period of TIME that will be it, at least until the set up is ready again. We will follow with updates.
Book profits or at least protect capital with sl. Stay tuned
Note
Is the 1hr Bullish TIME Cycle extending ?Well after a good run pause and hold above the $105k line it seems like it will but nah, is just building steam to have one more last burst to go and rekt all those high lev short traders with liquidation point that are piling up just above the $106665 point and then drop to go and test the $100k line. If it doesn't prints a lower low ($98K) in next drop then it will be retaken its Daily uptrend otherwise it will have another hard landing Place your bets ladies and gentlemen and prepare for another wild ride .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.