Hi Everyone! Simply pointing out our lower time frames have been in downward pressure to the point of the Red and Blue Lines in the 8-hour time frame potentially going below level 50. However, the Blue Line in the 6-hour is still fairly high above Level 50; implying it may take a few more 6-hour candles before a potential drop down to $0.52. 6-hour time frame is bottom right of center and 8-hour is bottom right corner.
12-hour time frame: AQUA TEXT BUBBLE: Blue Line is still high in the 12-hour. Red Line is still high as well. We can anticipate the B-Band Basis to hold support the next 12-hour candle as well. We need the yellow K-Line to rise above the magenta D-Line in this 12-hour soon.
4-Day, 5-Day & 6-Day:
NOTE: The price action went up to the white/aqua UPPER B-Bands in the 4-Day and 5-Day. We are currently in proximity of the B-Band Basis in the 6-Day with good odds to continue higher to the white/aqua UPPER B-Bands around $0.65 to $0.75 in the 6-Day. Keep in mind the B-Bands in the 6-Day are still contracting (tightening). Which means the price level of the white and aqua upper b-bands will be lower the NEXT 6-Day candle; which begins in approximately 18 hours. Red Line is already above Level 50 in the 6-Day. The Blue Line has a chance of going above Level 50 the next 6-Day candle. The reason I'm mentioning this is because the B-Bands may complete their contraction (tightening) the NEXT 6-Day candle and may level out or begin expanding the next candle after that (two candles from present candle).
15-Day Time Frame:
GRAY TEXT BUBBLE: I still have concern about the White Energy reaching exhaustion in this 15-Day time frame and we see a reversal to downward pressure potentially the next 15-Day candle; which begins 12-Days and 19-Hours from this writing.
RED TEXT BUBBLE: Red Line is approaching white level 30 and Blue Line is approaching white/aqua Level 20. Is there a chance for the B-Band Basis at $0.85? Sure... but not very good odds during the current 15-Day candle. Why did I say $0.85 and not $0.89 like it is now? Because the Yellow B-Band Basis is falling. Which would put the B-Band Basis around $0.85 the NEXT 15-Day candle.
10-Day Time Frame:
PURPLE TEXT BUBBLE: We still have a fairly good chance of continuing higher toward the Yellow B-Band Basis in this 10-Day time frame due to the Red and Blue Lines BOTH being above White Level 30. The reason I'm not saying white/aqua UPPER B-Bands like I normally would is due to the current levels of the Red and Blue Lines in the 15-Day and 3-Week time frames.
3-Week Time Frame:
RED TEXT BUBBLE: The current level of our Red and Blue Lines in this 3-Week time frame are what concern me the most. How so? The Red Line is not even above Level 20 yet. It's not near White Level 30 either; which would increase our odds of going up from the white lower b-band to the yellow b-band basis.
The Blue Line currently at Level 2.3 does not help matters either. It's possible the White Lower B-Band in this 3-Week time frame may be our ceiling of resistance for a while. Does this mean we cannot see this 3-Week candle or the next 3-Week candle rise above white level 30? No, it simply means we will have a difficult time rising up all the way to the Yellow B-Band Basis.
The next 3-Week candle begins in 5-Days and 18-hours from this writing. We really need to see the Green Line continue rising; the Red Line rise above Level 20 and the Blue Line turn up towards aqua Level 10 the NEXT 3-Week candle.
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UPDATE:
Here is the IMMEDIATE Group of time frames (5-sec. 15-sec. 30-sec. 1-min. 2-min. 4-min. 8-min. and 15-min.): I mentioned in the video we need the K-Line to rise above the D-Line in the 8-min. and 15-min. in order to help the Red Line turn back up in the 30-minute. I mentioned in the video we need the Red and Blue Lines both to rise back above Yellow Level 50 in the 30-minute through the 4-hour. It all starts with the 8-min. and 15-min. Which are currently rising...
Any chance for sharing a big picture of ADA with all the phases?