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WyckoffMode
Oct 11, 2021 5:07 PM

Possible We May Have to Wait for Alt-Coin/BTC Pair Bull SIgnal. 

Cardano / BitcoinBinance

Description

Let me explain... The ADABTC pair (for example) shows still more bearish potential (Potential for going down more). The only way for this to occur... I say again, "The ONLY way for this to occur is for the following:

BTCUSD to go up MORE (percentage wize) than ADAUSD

-OR-

BTCUSD and ADAUSD to both go down BUT ADAUSD go down MORE (percentage wize) than BTCUSD; in order for ADABTC to go DOWN.

-OR-

BTCUSD to go UP while ADAUSD remains the same (goes sideways).

This same logic can be applied to other Alt-Coin/Bitcoin Pairs...

Comment

UPDATE:

Someone asked what indicators I'm using in the comments. I'm posting that here in the following video in case others are wondering...

Setting Up Indicators in Multi-Chart Window for Multiple Groups

Comment

UPDATE:

It would be a good start for potential reversal if the Blue LSMA in the 30-minute time frame (top left hand corner) would go above Level 50 along with the Red RSI. Then follow suit in the 1hr. 90min. 2hr. etc...

Comments
commodore12345
hi ,please tell me the name of indicator you are using?
WyckoffMode
@commodore12345,

Hi,

Scroll up and see what I just put in the "description" for you and others with same question.

Stay Awesome!
jasonbhart
Audio sounds great! Good content. Cant wait for the website to launch.
WyckoffMode
@jasonbhart,

Thank you, Jason...

Stay Awesome!
Rushman65
good to have you back
commodore12345
Thank you
thinkerdoertalker
Awesome. I
FXrun
Thank you for sharing the information but unfortunately I don't understand English well so the only clear message for me is what is written.

Would you be kind enough to summarize your observations in a few sentences? To what level does the ADAUSD pair eventually have to fall before it can go back up again?
What do you think of the situation and the ADA today after the slight move please? Thank you very much! You are kind!
JustTradeSignals
Great pictures Mate!
Here is our view
alirezasobhanverdi1985
thanks for updating us with great analysis
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