Numberfive

Numberfive Updated  Mar 9

Well looking at the price and vol action from the last 24hrs it looks like in fact Bitcoin it will enter a sideways move (shaded area) for the next 4 or 5 days cause bears are exhausted FOR NOW to continue pushing price down but lets don't forget that the 4hrs and Daily TIME Cycles are in confirmed downtrend and eventually bears will go and test the $79k line...

Numberfive Feb 28

Bitcoin entering in sell zone but looks like the retrace will be small this time as the 4hrs tf move down is losing steam and if so then it will enter into a trading range for the rest of week and part of next one, TIME will tell.

Numberfive Feb 28

Buy now and sell when bounces. This is the 3rd 1hr TIME Cycle bounce within the 4hrs TIME Cycle trend . No pain no gain.

Numberfive Feb 26

From the 1hr tf pov a bounce is due just to go and test the $86k - GETTEX:87K area and the pause and once it gets there we'll take another look to see where its next move will be . Lets remember that the 4hrs TIME Cycle is confirmed and eventually we'll see prices below the $80k line. buckle up ladies and gentlemen .

Numberfive Feb 26

The bleeding will continue. This bounce is just to test the $90k line (if it gets there) but price needs to stay above its Zero line and bounce break and stay above $93k - $94k for the rest of week to invalidate the confirmed 4hrs Bearish Time Cycle but I doubt it cause as of now the power is to the downside. For now every bounce is just to continue lower....

Numberfive Feb 25

After a nasty drop Bitcoin is getting ready for a bounce but just don't expect much . The damage to the 4hrs and Daily is already done. is already in the buy zone. Lets make some money . low leverage is a must. Don't get greedy.

Numberfive Feb 15

Well....well....well, not to bad for bitcoin its been holding very well in that trading range but now that we are about to finish the 4hrs Bearish Cycle is TIME to change sides and the next move is up . Any flush BIG RED candle is just to go an rekt all those poor souls with stops below the $93k area and then UP to go and rekt the Bears that entered too early...

Numberfive Feb 8

So far Bitcoin is doing great from the weekly pov. Weekly downtrend change hasn't been confirmed. We already are in week #7 and weekly candles had closed above $90k meaning bulls are in control of every drop so far. lets see how this one closes. Place your bets ladies and gentlemen and buckle up we are heading to a wild ride.

Numberfive Jan 27

Bitcoin hasn't do anything yet which is good cause as long as it stays in that trading range with controlled drops while Bearish TIME is consumed bulls still has the upper hand. So for now and the rest of week #6 the move still is to the down side even if price doesn't drop we should get confirmation of trend this week for now the move still down meaning any...

Numberfive Jan 27

We just closed week #5 and doesn't look good and we enter week #6 where we usually get confirmation of trend in this case Weekly Down Trend if during the week price breaks support of 89K and closes below it then weekly downtrend will be confirm and eventually we will see prices below 80k but if it bounces from above 93k then another test and possible break of the...

Numberfive Jan 19

Big liquidity pools are always a magnet for price, and now that most of the liquidity zone above $101500 has been absorbed (rekt) while a 4hrs Bearish TIME Cycle is in progress next move will be the $98325 then little bounce just to continue lower but if it doesn't prints a lower low on the 4hrs TF then the weekly trend will resume its move to the Upside. In...

Numberfive Jan 16

After going UP too fast and furious (which is good) it reached the top of the 4hrs Bullish Cycle but something is NOT quite right, this time Bitcoin didn't take the liquidity that is just above the $101k (red shaded area) and that's weird to say the least. Be careful if starting a short cause that liquidity is a magnet for price so using a low leverage factor...

Numberfive Jan 15

After breaking the $90k 4hrs tf support we have confirmation to the down side and from now on every bounce from the 4hrs tf will be just to print a lower high until the pattern is broken or the move is transfer to the Daily tf . We are in week #5 on the weekly and so far Bitcoin is doing very good bouncing from every nasty drop. The Daily support is in the Low...

Numberfive Jan 9

Now that we have a clearly Trading range on going is Time to long again with $101k target. No time to be afraid. As long as the $90k is not breached (eventually it will) the trading range will remain active . Buckle up ladies and gentlemen we are going for a wild ride.

Numberfive Updated  Jan 6

Now that we had tested the support and hold firm the next move is UP for the rest of week. How high ? that nobody knows but we can speculate that it will continue trading Sideways $90k - $101K . We'll see how it finishes this weekly candle.

Numberfive Dec 26, 2024

Well....well....well after many failed attempts to break res line of $99525 and the lack of power on every attempt but on the last attempt broke that res but with no power . If it doesn't hold $96835 then $93125 will be next or even lower before eoy. going lower than $91k and the higher high that just printed will be void and continuation of downtrend will...

Numberfive Dec 1, 2024

Now that Bearish TIME has almost past and price didn't drop beyond its base number we can say that Bitcoin next move will be to the UPside, how high? that nobody knows but we can speculate with a $102k target and above. Buckle up ladies and gentlemen cause we are going for another wild ride.

Numberfive Updated  Nov 26, 2024

After a great run Bitcoin has come to the area where the weekly will complete its Bullish Cycle and already started to show a change in the weekly uptrend structure so If Bitcoin keeps going sideways for the next 42 to 48 4hrs candles and doesn't drop below $87295 then by the 2nd week of Dec it probably will be above the 110k to complete its Weekly Bullish Cycle