WyckoffMode

BTCUSD: Potential to Fall to 26500 to 25500 Price Range

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi Everyone! The 2-Week is suggesting more downward price movement potential. We also have potential to fall to aqua lower b-band in the 2-Day at $26,500. Can continue further down toward $20,000 the NEXT 2-Week candle if the Green Line does not turn up by the NEXT 2-Week candle.
Comment: UPDATE:

The Green Line is at the Aqua/Orange Level 0.0 in the 8-Day and 9-Day time frames; suggesting we can fall down to Orange Lower B-Band in the 8-Day and 9-Day. That's approximately $25,500.

Comment: UPDATE:

The Weekly suggest we have potential to fall to orange lower b-and at $26,300. However, we may not begin to see significant downward movement until the next 12-hour, 24-hour and 3-Day candles that begin in approximately 8.5 hours.

Comment: UPDATE:

BTCUSD: We can begin another leg down the NEXT 2-Week candle beginning in 8-Days and 22-hours.

Comment: UPDATE:

Weekly Time Frame:

We see potential to hit the Orange Lower B-Band and 200-MA at the same time; in similar fashion to November 19, 2018.
Comment: UPDATE:

Thank you for your attention to detail, Josue. He has been a HUGE help with improving Bad Ass B-Bands. An update will be coming soon to show percentage for price in-crease versus price de-crease.

The first number will begin with an UP arrow; indicating price percentage INCREASE if price is going UP.

The second number will begin with a DOWN arrow; indicating price percentage DECREASE if price is going DOWN.

Comment:

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