Based on TD time indicator and the 4 hour BTC chart - we began a new BTC run to the upside when the 2 candle closed above the 1 candle. We should now have an upside run to an 8 or 9 candle until bulls purchasing power gets exhausted. Then a 1 to 4 candle pullback and reassessment.
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Note: want to mention current RSI supports this prediction. Momentum is moving RSI over 70, but still has room to run before overbought.
There won’t be a pull back significant enough to make a trade. 8 more days of upside you donkeys!
Heglyn
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But the same indicator TD Sequential in Weekly period is just 8 of 9 candles based in the same analysis the next week expects an huge reversal.
BitInfo12
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@Heglyn, Correct. It seems TD weekly supports TD 4 hr trend. We will have a 9 candle on the 4 hr when a new weekly 9 candle is starting - which leads me to strongly believe upside to this point.
Then, TD weekly on 9 candle. When new week begins, we will have to reassess price action to time the next large reversal (which I also believe will be happening next week).