An update on BTC USD in the near term group of time frames (1D, 2D, 3D, 4D), the mid term group of time frames (3D, 6D, 9D, 12D), and the long term group of time frames (1W, 2W, 3W, 4W) using the Phoenix Ascending indicators and the Bad Ass Bollinger Bands, which are publicly available. Please see David Ward's publications @WykoffMode for an education on the proper interpretation of these indicators. In the near term, the price may continue to increase in the daily yet turn down in the 2D-3D. In the mid term, downward pressure is observed in the 3D, 6D, and 9D yet upward pressure is observed in the 12D. In the long term, there is potential to observe higher highs in the 3W and 4W.
This is not financial advice. I am not your financial advisor. These are my opinions.
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Please check out this recent BTC update by David Ward @WykoffMode.
Thank you Dave. I'm glad to see more videos with the @WyckoffMode method. I'm really glad you continued these videos on a regular basis. Good luck and stay awesome!
Eightchains
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@Siniorone, You're welcome! Yep, I'll keep them coming. I probably won't do very many BTC publications though as @WykoffMode covers it pretty regularly.
Mahoneyyy
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Hello. Are you the big David’s protege? At first I though you were trolling but it’s beginning to look as if you are actually trying to give solid TAs. Appreciate your work if it’s serious! Nice TA on btc too.
Eightchains
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@Mahoneyyy, I'm not trolling David Ward at all. I would never do that. I'm a student of the @WykoffMode Method that is providing serious TA. Providing this TA helps me in my own trades and, hopefully, benefits others. I just did a TA on ADA BTC. I think it's good. Please check it out when you get a chance.
Mahoneyyyy
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@djr0726, sorry for misreading your intentions! Great analysis, will be following you closely!