WyckoffMode

Pointing Out Possibilities After Potential Impulse Wave

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
DON'T FORGET: The Litecoin Block Halving EVENT in first week of August, 2019. I'm anticipating a massive stint of upward pressure to begin after this impulse wave we are currently experiencing. This current impulse wave down may last only four days; as in similar price range in 2017. This downward pressure could last a little longer. I'll follow up with a video publication after this chart publication. Posting the chart again (below) because TradingView's platform is likely to scrunch up the cover chart.
Comment:
If we don't test near all time high this bout upward during the Litecoin Block Halving Event, I can see us testing all time high for sure by end of 2019.
Comment:
Have a look at the lines I've drawn on Godmode and the bottom indicator to show the POSSIBLE future trek of those lines in the 2-Day TF:

Comment:
If you have not yet seen this short video on margin longs and shorts, I'm posting it here:

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.