Hi Everyone! We still have a "chance" for a shakeout to approximately $1.50; based on what we are seeing in the 6-hour time frame. After that potential shakeout, we could see a significant push to the upside. Especially, once the White Energy in the 6-Day and Weekly cross above Level 50. We would also like to see the Green Line in the 9-Day turn up and the White Energy cross above Level 50 the next 9-Day candle.
I'll post the 6-hour, 6-Day, Weekly and 9-Day charts within the next 24 hours. I did cover them in the video.
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Yes, we see it currently looks like downward pressure in the 12 hour at present as well. But I'm expecting only a "shallow" pullback (higher low) before going back up.
Here's the 12-hour:
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Here is the 6-hour:
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6-hour:
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12-hour time frame:
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The FED admits, the Treasury Secretary admits and several FED Presidents admit INFLATION IS COMING. Search it on Duck Duck Go instead of Google...
As the US dollar devalues, an "adjustment" will be seen MAINLY across most all energy sector stocks, commodities, crypto currencies, land, etc...
WHAT "adjustment?"
An "adjustment" in how many MORE US dollars it takes to compete for the LESS goods in the economy due to supply chain issues but also contributing to this will be is a mounting debt crisis.
FIAT currencies are fighting for their lives now. So called "Elites" (Backed by the Central Banks) did not get the war they wanted... I'm not going to get into WHY the did not get it. Hence, COVID as the perfect excuse to put their globalist agenda into overdrive and to also have something to blame a financial/economic/debt/everything crisis on.
Those who have held cash (FIAT) will begin to panic and look for another place to put their FIAT to hedge against the coming hyper inflation. THIS is "WHY" I've said "As the US dollar devalues, an "adjustment" will be seen MAINLY across most all energy sector stocks, commodities, crypto currencies, land, etc. An "adjustment" in how many MORE US dollars (FIAT) it will take to compete for LESS goods in the economy due to supply chain issues but also contributing to this will be is a mounting debt crisis."
Mark my words!!! There is a serious POTENTIAL for a "CRAZY" move in 2021 for crypto currencies. DON'T GET LEFT BEHIND HOLDING FIAT...
Stay Awesome!
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ADAUSDT: We're NOT Done Yet! Current Downward Pressure Temporary
Cayman Islands is the most Crypto friendly but the most costly and more time consuming to get citizenship than the others.
If you quicker and cheaper, the first three are better. Then you can still begin a 5 year permanent resident program with the ability to file for citizenship with a Cayman Islands passport after.
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@WyckoffMode, I appreciate the response. I saw the tab opened so figured I'd ask. I've begun thinking about this and it's helpful to get ideas from others in this space.