WyckoffMode

ADAUSDT: "I M P O R T A N T" Update With "Gold Nuggets!"

WyckoffMode Updated   
BINANCE:ADAUSDT   Cardano / TetherUS
Hi Everyone! I decided to provide a few more "Gold Nuggets" while I'm away for a while with my office remodel. REMINDER: This applies to ALL TIME FRAMES... This applies to ANY pair on ANY exchange in ANY time frame. HOWEVER, the "requirements" might be different on different pairs BUT the rules are the same. I'll get into that more in detail in the future. Especially for FOREX pairs.

Happy Trading and Stay Awesome!

David
Comment:
Comment:
UPDATE:

This is NOT the 12-hour time frame.

This is the 8-hour time frame. Everything I just mentioned about the 12-hour
time frame in this video can be applied to this 8-hour time frame or ANY time frame.
Comment:
UPDATE:

Another nugget for using the 8-hour time frame...

Comment:
UPDATE:

USE THESE HIGHER TIME FRAMES if you are a Day Trading Scalper using the IMMEDIATE Group and/or the Short Term Group of time frames.

WHY???

This gives you an idea of WHERE the price action could be going WHILE GOING UP. Depending on what price you opened a long position, this gives you an idea of how long to potentially HOLD THAT POSITION.
Comment:
UPDATE:

ADAUSDT: Do NOT Assume we MUST go Down to $1.20 - $1.25 Range.
Comment:
UPDATE:

ADAUSDT: IMPORTANT CLARIFICATION for the Immediate Short Terms.
Comment:
UPDATE:

New 30-minute and 1-hour candle. Look at the Red RSI and BLUE LSMA; as pointed out in the video. Look at lower time frames in the IMMEDIATE Group of time frames to see if we have expansion currently. Which could create expansion soon in this 30-minute and potentially (eventually) the 1-hour.

30-minute and 1-hour time frames...


16-minute time frame...
Comment:
UPDATE:

I've been providing updates fairly often for ADAUSDT today. Imagine providing updates like this for four (4) pair or even twelve (12) pair (assets)... It can be very demanding of your time...
Comment:
UPDATE:

New 6-hour candle in approximately 5 minutes...

Comment:
UPDATE:

3-hour time frame...
Comment:
UPDATE:

Do NOT assume I'm saying we are definitely going down to the White/Aqua LOWER B-Bands in the 3-hour. This is ONLY "IF" the indicators play out as I pointed out for several scenarios in several time frames in multiple videos within the past 20 hours. I simply wanted to point out a target range "IF" we begin to see even more continued downward pressure occur again in lower time frames to push us another leg down again and again over the several 3-hour candles (In regard to TIME].

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.