Looking good....looking good. Bitcoin is setting up one last time to test and try to break res line of $87600 . Within the next 12 1hr candles (if not sooner) it should start moving UP. It would be nice to see it drop fast to get rid off all those Long stop loss in the 
82K area then bounce quickly to pick the power needed to go and break the $87600 res line. After that move is printed and tested the $87600 res line it will pullback and if it doesn't print a new lower low then the new Daily and Weekly uptrend direction will be confirmed. Buckle up ladies and gentlemen we are heading for another wild ride.
82K area then bounce quickly to pick the power needed to go and break the $87600 res line. After that move is printed and tested the $87600 res line it will pullback and if it doesn't print a new lower low then the new Daily and Weekly uptrend direction will be confirmed. Buckle up ladies and gentlemen we are heading for another wild ride. Trade active
Trade Update: Bitcoin is about to enter the 2nd stage of its 1ht tf uptrend move where it will try to test again the $87600 . there's still TIME to get it done. Protect profits cause if by the TIME the 1hr tf cycle ends and price is not above the $87600 line then prepare to abandon ship cause it will have another fast hard landing. Note
Bitcoin playing lazy again and that's NOT good, it needs to have a breakout and not just a breakout but a STRONG breakout cause it has only about 20 1hr candles left to make its move cause if it doesn't and start rolling down from below $88700 that will be a lower high and once it drops most likely this time it will print a new lower low and that will put at risk the Weekly change in trend direction. Lets see how it plays out in the next 20 hrs. Buckle up ladies and gentlemen and prepare for another rough landing. Order cancelled
Well , time to abandon ship has arrived. After watching Bitcoin spent the last 13hrs doing nothing and knowing that it has only 7hrs left of its 1hr tf bullish cycle it is TIME to come out with the projection of its the move. Stay tune 
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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.