BCHUSD - Copied & Pasted AGAIN in Comments for Easier Reading

POLONIEX:BCHUSDT   Bitcoin Cash / Tether USD
...Schematic. It's IMPORTANT TO NOTE that we MUST begin anew an Accumulation Schematic . I'm beginning a NEW Accumulation Schematic because of the very little history we have on this pair ( BCHUSD ).

If you see a text bubble with a WHITE BACKGROUND, it means that particular EVENT IS NOT CONCLUDED YET.

Here is an image of a Richard Wyckoff Accumulation Schematic: It's IMPORTANT TO NOTE the price action does NOT have to play out EXACTLY the way it's depicted in the Schematic by Wyckoff. It's ONLY an example of POSSIBLE price action within the schematic.

Here is a link with further information on the EVENTS TO OCCUR WITHIN THE SCHEMATIC. It was put together well in a short synopsis of Wyckoff Schematics:

Books by Wyckoff can be found here. However, make sure to scroll down till you see the name, Richard Wyckoff. MANY other books on trading can be found here as well. Excellent source of trading material FREE online:

Charts WITH INDICATORS will follow shortly.
Comment: 1440m (Daily) TF :

Comment: 720m (12h) TF WITH INDICATORS:

Comment: 2-Day TF With Indicators:

Comment: After re-evaluating my comment within the Stochastic ARI / Phoenix ARI indicator at the Bottom of the 2-Day TF chart, I "MUST" say the Stochastic ARI does NOT have to come up to the 80% level before turning back downside. Look at the previous level it came up to before coming down once again. However, THAT was during a bear trend. Time will tell what it does.

I had a look at the 3-Day and 4-Day TF's...

The 3-Day TF does have SOME data within the indicators to provide information. The gray ghost on the 3-Day TF for Phoenix 1.118 (Godmode 3.2 with LSMA set to 32 input and Godmode input set to 9, 6 & 3) reveals we are approaching upside exhaustion that may end this weekend. At least for a brief period.

A look at the 4-Day TF without comment. I want more data before I begin making comments on the 4-Day TF. Simply posting it anyway even though we do not have quite enough history to provide enough technical data.

Comment: I'm going to take a break to get something to eat. THEN I will begin some work in the mining room.

Happy Trading...

Comment: Have a look at this 360m (6h) TF... Looks like we're getting close to a drop:

Here's the 240m (4h) TF:

720m (12h) TF:

Comment: Just a reminder...

When looking at the Daily (1440m), it MIGHT NOT be much of a drop. But then again, it COULD go down to or near the bottom black dotted line of the wedge drawn. The only indicator indicating we can still bust out the top line of this wedge is the Daily and the 2-Day TF's. However, it won't occur without a decent dip first in my opinion.

Reminder: These are my OPINION's... This is NOT trading advice... Simply opinion... NO ONE IS CORRECT 100% OF THE TIME. NOBODY...

Hi,... thaks for great TA again! Learing a lot from reading you posts. I am just wave trader and learning now long trading. Do you have any advice, which indicators to use? Maybe some books?

Thank you in advance.
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