WyckoffMode

"Do NOT Assume The End is Nigh! Likely Stepping Stone on Our...

Long
BITSTAMP:BTCUSD   Bitcoin
...Way Up to Test All Time High the End of August." We could actually be seeing the price action play out in similar fashion to shortly after our Block Halving Event in November/December, 2012. Watch the REPLAY tool used in this video for November/December, 2012 to see what I mean. We will know more when our current 12-Day candle comes to a close and we begin a new 12-Day candle on June 5, 2020. We want to see if our White Energy remains up high and the Red RSI keeps rising. If that occurs, it means what we are seeing in the Weekly and the 9-Day is likely playing hard on our emotions.

If you have not watched the following video covering the BASICS on how to determine when a period of downward pressure is about to reverse to a period of sustained upward pressure, you should watch it. It is IMPORTANT and VALUABLE information. There is more advanced information to know in addition to the basics covered in the video but the basics is a good start.

"Double Time Frame Cascade Rule - BASIC: Ending Downward Pressure."

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