$XBTUSD 4H Update. Setup complete (still holding with stop on profit).

$XBTUSD 1D Update. If that previous close wasn't enough for you to consider this an SFP, this should be.

Breaking 9600 is a pretty big deal, cancels any kind of consolidation that was appearing from this last rally and breaks the last high TF swing low. Next level I am looking for is the weekly swing low of 7432.84, a break there engulfs the M & would signal…

Close above the swing high on the hourly at 9779.80 and the retest of 10350 begins. #Bitcoin

Conversely, Daily and all the lower TF's close indicate more downside but not much, sitting on a lot of interest at 9366, watching 9k area for a potential reversal and then retest of 10k area where I do not expect it to find support, rather Il be looking…

1/4) Flipping bullish on #Bitcoin due to the following: If this rally was a correction of oversold conditions we would've retested and rejected off of the prior structure before making a swing low on the higher TF's. Instead we appear to be consolidating…

2/4) reversal instead of correcting oversold conditions (retest) and then continuing the sell off. The only confirmed swing low not showing is the D, close above the current low tomorrow the D. Capturing the prior 12h high 11080.37 would lead us to near top…

3/4) 11.9-12.6 where $BTC sees some form of correction to either correct this coming rally & then continue upwards (so a bullish continuation pattern) or create the actual last leg of this correction to test the prior weekly swing low of 7432 area that I…

4/4) Looking at cumulative volume (OBV) to confirm, we see clear bull divs from the prior low and bull divs on the ALPHA: Reversal (Read here: https://t.co/munN5nxEJ7) And lastly, to not be irrational, the invalidation occurs by breaking the 12 hour swing…

https://t.co/sDxZ8pyYii

$XBTUSD 4H Needs to reclaim the orange block for me to confirm it's a reversal. Promising bounce nonetheless.

$XBTUSD 4H Possible iH&S?

In a swing trades atm, but in the mean time taking this short term long setup. I will adjust my stop at the blue ray 11,039 because of a possible reversal there. Lots of possibilities that can happen in that TP and blue ray but will update as they unfold.

Not a prediction or call, just pointing out how early on the cycle we probably are, like I said earlier in this thread. The current bull market (right) is 260% from the bottom, the last bull market went 2415% from bottom to top.

Someone pointed out on TV that I measured the 2415% from the top of a 258% run, he's right, the last bull market actually went OVER 9000% from the bottom. (This doesn't change the projection on the chart on the right)

I am really not seeing any weakness showing a pull back yet, however keeping in mind that this was a short term trade and no clear structure has formed yet to confirm (like an abcde) I am closing this to protect profits.

I will take additional short term trades while keeping my swing trade open to 11900-12500.

$XBTUSD 4H Going well.