Friday 18th August 2023
BTC USD Log Growth Curve
The TD Count has changed from a green TD 8 to a red TD 1.
If we close this month out on a red TD1, volatility is coming for September and October.
Use caution.
We a have seen a larger than expected dip.
We are in the 60 day cyclical low time period, rough seas.
Any bounces out of this zone, it may be wise to consider getting out of your trading positions to be ready to add at lower prices.
All indicators are heading south.
If we need to close out the month above the 320 MA @ $27193 USD if we are to see more upside in September.
If we go lower, we could be seeing more choppy volatile action over the coming weeks.
The way I see it, the last month or so has been the calm before the storm.
(Note, previous post I stated we were in a TD9, was meant to say a TD8 which has now changed to a red TD1)
Thats my 2 cents worth crypto pirates. Happy sailing.
f.govt, f.society f.banksters f.police
Snake Plissken is clockin out.
BTC USD Log Growth Curve
The TD Count has changed from a green TD 8 to a red TD 1.
If we close this month out on a red TD1, volatility is coming for September and October.
Use caution.
We a have seen a larger than expected dip.
We are in the 60 day cyclical low time period, rough seas.
Any bounces out of this zone, it may be wise to consider getting out of your trading positions to be ready to add at lower prices.
All indicators are heading south.
If we need to close out the month above the 320 MA @ $27193 USD if we are to see more upside in September.
If we go lower, we could be seeing more choppy volatile action over the coming weeks.
The way I see it, the last month or so has been the calm before the storm.
(Note, previous post I stated we were in a TD9, was meant to say a TD8 which has now changed to a red TD1)
Thats my 2 cents worth crypto pirates. Happy sailing.
f.govt, f.society f.banksters f.police
Snake Plissken is clockin out.
