FALSE BREAKOUT ROCKET 5 candlestick downtrend reads BULL RUN
Updated
Spent 7-plus hours connecting a strategy from a 5 candlestick countdown from a false breakout rocket signal. This means after a total of 5 candlesticks, BULLISH MOMENTUM begins.
We might have our next 4-day timeframe 5 candlesticks as a downtrend, if so, then BULL RUN reads to start on 9/13 after a downtrend up to $56,761 or remain within its price range. Don't let this price scare you. It's only an estimate. Who am I to predict $56,761? but be ready to accept whatever comes our way within this current 4D TF candle and the other two candlesticks which will print out after this current candle
5 candlesticks downtrend has been rejected in the past, if so, then BULL RUN is to start at any moment from 8/28/24 moving forward.
This strategy requires waiting for confirmation.
There is an example as I added a dome with histogram columns because we've been confirmed to have a BULL RUN up to 85K.
Some of you would not have to wait for confirmation because you entered at the entry signal of 49K.
Many did not enter at
49K because of fear. I was able to confirm this entry through AVERAGE TRUE RANGE.
Histogram trendlines are to confirm BULL CONFIRMATIONS but trendlines can be best used never alone but with my 5 candlestick countdown signal.
I can't explain it all but I made it look easy to understand without reading. The picture chart says it all.
This strategy is new to me. I had to get creative. I marked it as short but in reality, it's long.
We might have our next 4-day timeframe 5 candlesticks as a downtrend, if so, then BULL RUN reads to start on 9/13 after a downtrend up to $56,761 or remain within its price range. Don't let this price scare you. It's only an estimate. Who am I to predict $56,761? but be ready to accept whatever comes our way within this current 4D TF candle and the other two candlesticks which will print out after this current candle
5 candlesticks downtrend has been rejected in the past, if so, then BULL RUN is to start at any moment from 8/28/24 moving forward.
This strategy requires waiting for confirmation.
There is an example as I added a dome with histogram columns because we've been confirmed to have a BULL RUN up to 85K.
Some of you would not have to wait for confirmation because you entered at the entry signal of 49K.
Many did not enter at
49K because of fear. I was able to confirm this entry through AVERAGE TRUE RANGE. Histogram trendlines are to confirm BULL CONFIRMATIONS but trendlines can be best used never alone but with my 5 candlestick countdown signal.
I can't explain it all but I made it look easy to understand without reading. The picture chart says it all.
This strategy is new to me. I had to get creative. I marked it as short but in reality, it's long.
Comment
We’ve waited long enough. This false breakout to the downside is to be confirmed by a total of 5 candles as a BEAR TRAP then moves up.
We’ve seen how the trend moved up then the rally failed.
1. We wait for all total of 5 candles to close
2. Or the false breakout downtrend may end within this currant candle 4D TF and make its way up.
As ive been studying this FALSE breakout, I’ve seen many of these get rejected and move up.
I did mention to a trader, if this was to happen then the body of the current candle must be above the body of the previous candle to then disregard the false breakout BEAR TRAP otherwise we wait.
Normal in situations like this some traders sell but we’ve been confirmed something big is coming our way.
Comment
As I'm using an algorithm by calculation. There is an 86.67% chance BITCOIN will break above $65,074 and 14.29% BITCOIN will break below $56,125. Comment
Bullish pattern hammer on a 2HR TF. The body candle color from my analysis, reads big move happening. Reads up to 
65K Comment
4HR TF has a bullish reset. Reads BULL strength and 23HR TF reads equal low.
In one of these movements, BITCOIN will launch big due to its volatile
I'm now reading a lower low and it's about to establish a LOW HIGH. BITCOIN needs to reach 61k in a 23-hour timeframe. This will validate a low high then once BITCOIN reaches a higher high at $65,008 this will confirm entry with a double bottom. Once entry is confirmed then I'll set a long position at a 1 percent risk-reward ratio which target reads $72,139
Comment
The KING OF BULLS IDEA
Comment
Traders: it’s not what it looks like, remember we have up to 5 candle downtrend on a 4D TF which ends 9/9. It also doesn’t mean all 5 candles will get closed as a downtrend. Some will carry consolidation, support and resistance
from smaller timeframes or BULLS can just suddenly push up like a massive unexpected WAVE.
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