WyckoffMode

ADAUSDT: 12 Min. B-Bands Need to Expand for Volatility to Return

WyckoffMode Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Hi Everyone! Simply pointing out the B-Bands in the 12-Minute time frame need to expand considerably in order for "volatility" to return in the IMMEDIATE term. I point out in the video how we look to ANTICIPATE that POTENTIAL for expansion ahead of time WHILE looking at other time frames up to the 90 minute and 3 hour time frames to see if they support the POTENTIAL for that specific move WHEN "SCALPING."
Comment:
UPDATE:

ADAUSD: If we were to look at our FIB Extensions in the Daily (24h) time frame (TF), we see the 1.618 may be our
first potential "local" high soon with a brief pullback before continuing to higher highs; based on upward pressure yet to exhaust in the 5-Day, 6-Day and Weekly.

Comment:
UPDATE:

Here's the WEEKLY time frame. IMPORTANT to read the Grey Text Bubble...
Comment:
UPDATE:

A "Pulled Back View" of the Weekly to let you see legging up to within the Orange Diagonal Channel (between the Green and Orange Diagonal Trend Lines) is very much within the realm of possibility for the Mid Term.

Stay Awesome!

Comment:
UPDATE:

Added another text bubble to the Weekly time frame:
Comment:
UPDATE:

I emphasized how IMPORTANT it is to WAIT to open your margin positions when you see the POTENTIAL for EXPANSION of the B-Bands by the Blue LSMA crossing above or below Level 50 when using scalping (using the 90-minute and 3-hr. as a "compass" for trades executed in the lower scalping group of time frames; being the 6-min. 12-min. 23-min. and 45-min.). THE SAME CONCEPT IS BASICALLY USED FOR NEAR, MID AND LONG TERM TIME FRAMES...

ADAUSDT: Casual Discussion About Scalping With These Indicators.
Comment:
UPDATE:

Dear Cardano Haters,

TURN DOWN FOR WHAT? www.youtube.com/watch?v=OeA2bX5v...
Comment:
UPDATE:

A look at the 6-Day for ADABTC:
Comment:
UPDATE:

"ADAUSDT: Casual Discussion for Immediate, Short and Near Terms."

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.