Exiting the channel and 86xx is on the table . But note the 15 candle is on an 8 , when it hits a 9 we can expect a 1 to 4 candle pull back which means up to a possible 90 minute pullback downwards
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Bouncing cats and other interesting BTC observations
This chart is very informative about hte chanel and the count. thanks
mycotoxin
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@asdfghghj, Cheers , note there is not always a 1 to 4 candle pullback if a token is really bullish sometimes there is no pullback and it restarts a new count upwards.
if a token is really bearish we can see the same effect. I mainly use the count for trend identification - but we can use other tools to confirm the readings.