Today the 1hr and 4hrs Bearish Cycles got in sync mark by the RED vertical lines and as long as the 4hrs Bearish Cycle is active one of two things will take place or it enters into a trading range or drop to find its balance point until the Bearish Cycle is completed and then continue higher. As of now 4hrs Bearish Cycle will last until around Nov 24th and then...
Now that Bitcoin is just at the TOP of the 4hrs tf Bullish Time Cycle we can project a short trade to the area of 76760 once we drop there and how strong it drops we will see if the move has legs to run lower to the $74200 area or is just a small retracement. Buckle up Ladies and Gentlemen we are going for a bumpy ride.
This is an update for its next move as long as it stays above the Zero Line $70545 the move is higher but if it is breached and doesn't climb back above it then we go to the low $68k and once it gets there we take another look but remember this is just the 1hr tf meaning that as long as the 4hrs and Daily are in Bullish mode every drop on the 1 hrs tf should...
Now that BTC climbed back above the $67500 mark but was not able to break the previews high and still having bearish TIME left on bears side we can project its next move and its as it shows on chart. If price do not enter into a range above the $66500 mark for the next 3 days then we will test the $64500 area . Once it gets there and how it gets there will...
Chart showing that SOLana is topping and getting ready to retrace to the $162 first support area.
Hello traders , this current bounce is the most important bounce that will tells us if Bitcoin Daily uptrend still active or it will be halted by end of week. If Bulls manage to push price above $67500 and holds firm above it then the next drop will be a higher low from the 1hr pov and if it doesn't then the drop will likely be to test the GETTEX:64K mark. ...
SOLana as long as it stays above the $149 Zero Line the the move is to the upside to go and complete its 4hrs Bullish Cycle at $163 - $165 area.
Bitcoin still in a Daily tf Bullish Cycle with plenty of TIME to go test and break the ATH before Uptober ends. This little drop is normal within the Daily tf. Buckle up ladies and gentlemen we are going for a wild ride.