WyckoffMode

POTENTIAL For Pullback but NOT Written in Stone!

BINANCE:ADAUSDT   Cardano / TetherUS
I must EMPHASIZE to have proper safeguard in place (STOP LOSS) in the event of a POTENTIAL deep pullback in the near future for those of you who are day trading or trend trading with Near Term Group (24h, 2-Day, 3-Day & 4-Day) -OR- Mid Term Group (3-Day, 6-Day, 9-Day & 12-Day) of time frames. KEEP IN MIND: If you are mainly an investor and decide to implement a stop loss where recommended in the video and your stop loss gets triggered; you have officially become a day trader. Which means you will be forced to begin using dollar cost averaging technique to re-accumulate Cardano.

I'm going to create another ADAUSDT video because I did not pay attention to the 20 minute time frame allotted for me with video publications.
Comment:
Comment: I was going to do another video publication to basically complain about Binance not allowing for deposits or withdrawls of Cardano (ADA) at this time. However, I'm going to hold off because they may have withdrawals and deposits temporarily suspended due to the hard fork occurring within the next 2 or 3 hours.
Comment: UPDATE:

We are in the Shelley Era: https://www.youtube.com/watch?v=_9prKEdV...
Comment: UPDATE:

3-Day TF: Wyckoff Accumulation Schematic (DOUBLE BOTTOM); in which most of the accumulation occurs in Phase B. https://i.imgur.com/D1fHpTN.jpg

Comment: UPDATE:

Do NOT draw a conclusion based on current drawings and price points on this chart. I'm waiting approximately 4.5 hours for a NEW 2-WEEK CANDLE to begin before attempting to draw a conclusion on what's next.

Comment: Simply posting this for future reference before creating a video publication in a few hours...

Comments

Everything ok David? Not heard from you in a while...
+3 Reply
@metza24,

Hi Metza,

Yes, all is well...

I will give an update on ADA, LINK, ETH and BTC later tonight most likely. Today is my birthday... ; ) I'm about to go to the grocery store to buy some Filet Mignon.
+3 Reply
metza24 WyckoffMode
@WyckoffMode, Happy Birthday dude!
Reply
JoeMaan metza24
congratulations!
Reply
Love the line about accidentally becoming a day trader... happened to me this past week. Thanks as always for the sound analysis!
+3 Reply
@Duran12,

Hi Duran12,

Good to see you, Mate! ; )

Yes, all of us eventually become a day trader at some point whether we want to or not. LOL...

Stay Awesome, Mate!

David
Reply
Duran12 WyckoffMode
@WyckoffMode, In typical David style the education continues on far longer than he had planned. Any chance we can talk TV into extending video length? Ha, stay awesome!
+1 Reply
@WyckoffMode Thanks for the shoutout, you pronounced the name correctly. You are the best, Stay AWESOME!
+2 Reply
WyckoffMode WallStreetWealthy
@WallStreetWealthy,

Sure.... ; )

Thanks for the heads up... I had just woke up and began drinking some coffee when I navigated to TV and saw your PM. I was about to have a look anyway but still certainly appreciate the heads up! ; )

Stay Awesome, Mate!

David
+2 Reply
Hi David,
hope all is well! Any updates on ADA?
CHEERS
PHIL
+1 Reply
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