ADAUSDT: We Are Still Waiting on Blue LSMA in 2-Day time frame
Hi EVeryone! We still have bullish signal in the 4-Day and Weekly. The Blue LSMA in the 4-Day is still quite high. The Red RSI and Blue LSMA are "both" coming close to crossing above Level 50 in the 4-Day to create cause for expansion of the B-Bands and encourage price action to go UP with expansion of the B-Bands. We have the Red RSI and Blue LSMA currently making contact with the Green EMA "while" the Green EMA is going UP; indicating upward pressure. This is usually followed by the White Energy crossing above Level 50 the NEXT candle to encourage upward "MOMENTUM." The White Energy represents "momentum."
As mentioned in the video, if we see the Red RSI -AND- the Blue LSMA "both" get above Level 50, we have the following results to consider.
1. Red RSI "closing" above Level 50 can trigger upward pressure and this upward pressure will continue until the White Energy comes down to or near Level 50.
2. Red RSI -AND- the Blue LSMA "both" ABOVE Level 50 "while" the Green EMA and White Energy are going UP creates "cause" for EXPANSION of the B-Bands and creates cause for the price action to go UP with that expansion.
So, we want the Red RSI -AND- the Blue LSMA to "both" get ABOVE level 50 in the 4-Day time frame and the Weekly time frame. However, we do not anticipate any kind of "significant" expansion of the B-Bands in the 4-Day to BEGIN until the Blue LSMA in the 2-Day time frame can get ABOVE level 50 along "with" the Red RSI and Green EMA.
I'm labeling this a "LONG" position based on what we are seeing currently in the 4-Day, Weekly and 3-Week time frames.
I'm going to take a nap for a bit then do a publication for ETHUSD. I will also be doing a publication for LTCUSD not long after that.
Happy Trading and Stay Awesome!
David
As mentioned in the video, if we see the Red RSI -AND- the Blue LSMA "both" get above Level 50, we have the following results to consider.
1. Red RSI "closing" above Level 50 can trigger upward pressure and this upward pressure will continue until the White Energy comes down to or near Level 50.
2. Red RSI -AND- the Blue LSMA "both" ABOVE Level 50 "while" the Green EMA and White Energy are going UP creates "cause" for EXPANSION of the B-Bands and creates cause for the price action to go UP with that expansion.
So, we want the Red RSI -AND- the Blue LSMA to "both" get ABOVE level 50 in the 4-Day time frame and the Weekly time frame. However, we do not anticipate any kind of "significant" expansion of the B-Bands in the 4-Day to BEGIN until the Blue LSMA in the 2-Day time frame can get ABOVE level 50 along "with" the Red RSI and Green EMA.
I'm labeling this a "LONG" position based on what we are seeing currently in the 4-Day, Weekly and 3-Week time frames.
I'm going to take a nap for a bit then do a publication for ETHUSD. I will also be doing a publication for LTCUSD not long after that.
Happy Trading and Stay Awesome!
David
Comment:
Comment:
UPDATE:
Long Term Group: 8-Day, 15-Day, 16-Day, 17-Day, 18-Day, 19-Day, 20-Day and 3-Week time frames.
Mid Term Group: 4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week time frames.
Near Term Group: 12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week time frames.
Short Term Group: 30-min. 60-min. 90-min. 2-hour, 3-hour, 4-hour, 6-hour and 8-hour time frames.
Immediate Group: 1-min. 2-min. 3-min. 4-min. 5-min. 6-min. 8-min. and 16-minute time frames.
Long Term Group: 8-Day, 15-Day, 16-Day, 17-Day, 18-Day, 19-Day, 20-Day and 3-Week time frames.
Mid Term Group: 4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week time frames.
Near Term Group: 12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week time frames.
Short Term Group: 30-min. 60-min. 90-min. 2-hour, 3-hour, 4-hour, 6-hour and 8-hour time frames.
Immediate Group: 1-min. 2-min. 3-min. 4-min. 5-min. 6-min. 8-min. and 16-minute time frames.
Comment:
UPDATE:
A follower was kind enough to point out the 16-minute time frame was set for S&P 500 instead of ADAUSDT. Don't know how that happend. Anyway, the 16-minute for ADAUSDT looks more bullish that the S&P 500.
Corrected Immediate Chart Below:
A follower was kind enough to point out the 16-minute time frame was set for S&P 500 instead of ADAUSDT. Don't know how that happend. Anyway, the 16-minute for ADAUSDT looks more bullish that the S&P 500.
Corrected Immediate Chart Below:
Comment:
UPDATE:
REMEMBER: We can expect downward pressure to continue as long as the Red RSI and Blue LSMA are Both below Level 20 in the 30-minute time frame. If we are to see a chance fore reversal to sustained upward pressure, we must FIRST see the Red RSI -and- the Blue LSMA "both" get above Level 20 in the 30-minute time frame.
WHY?
We currently have EXPANSION of the B-Bands and Price action going DOWN with that expansion in teh 30-minute time frame. If we are to STOP this "expansion" DOWN by getting CONTRACTION of the B-Bands and getting the Price Action going UP with that CONTRACTION, we must FIRST get the Red RSI -AND- the Blue LSMA "both" above Level 20 in order to BEGIN that "CONTACTION."
30-minute TF in top left corner...
REMEMBER: We can expect downward pressure to continue as long as the Red RSI and Blue LSMA are Both below Level 20 in the 30-minute time frame. If we are to see a chance fore reversal to sustained upward pressure, we must FIRST see the Red RSI -and- the Blue LSMA "both" get above Level 20 in the 30-minute time frame.
WHY?
We currently have EXPANSION of the B-Bands and Price action going DOWN with that expansion in teh 30-minute time frame. If we are to STOP this "expansion" DOWN by getting CONTRACTION of the B-Bands and getting the Price Action going UP with that CONTRACTION, we must FIRST get the Red RSI -AND- the Blue LSMA "both" above Level 20 in order to BEGIN that "CONTACTION."
30-minute TF in top left corner...