Advised Trader Bitcoin Alert

$BTCUSD steady at 10 day peak

It seems alot of buyers have been picked up on the recent spike at 41000.

Heres what I know:

• The 20, 40, and 80 day FLD are all cascading below price, and the idea is to break that to the downside

• Theres also a 5 day VTL below price with significant stops below

• The 40 day FLD peak shadow is still valid from 3 weeks ago and makes think the 20 week cycle is trying to complete in the downwards direction

• I feel price will track the 20 day FLD more ahead

• There will be a down move into the weekend and next week.

• 20 day FLD projection from previous crosses, indicates the upcoming break will send price to 36000 and 33000

• Stop size is limited for these moves, for the 36000 target, there can only be a stop where it now, at 42500 for this trade to bs consistent with methodology of at least 2.5 to 1 on $BTCUSD trading

• stop size is more favorable if holding until the 33000 target. And the stop could be up to 43500, but I dont like that

• I dont like it because it would mean Id be waiting too long for the market to signal that a new 80 day cycle has started.

• I dont need 43500 for that.

• I only need 42500

• Because I f it breaks 42500 then I know a 20 day downsloping VTL was broken, and that would signal that the 40 day trough, and likewise, a (probable) 80 day and 20 week trough as well.

• I hope this is understood

if not, text me, Ill set you up good 803-636-3786

So far, no movement for 2 days. Again, not volatile, no selling, just waiting…

Derek