WyckoffMode

$14,611.32 Minimum Still In Play By Last Week of August to...

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
...First Week of September. As pointed out in the Weekly Time Frame; the Red RSI has CLOSED at or above 56; which increases the likelihood of upward pressure continuing even while the White Energy is falling down to the 50% level. If the White Energy maintains its current trajectory in the Weekly, this would mean our upward pressure will likely continue till the last week of August or first week of September before we see a significant pullback. This is my opinion of course...

Happy Trading Everyone!

Stay Awesome!

David

BTCUSD - Bitstamp Weekly TF:

Bitcoin CME Futures Weekly TF:
Comment:
UPDATE:

NEW 13 MINUTE VIDEO PUBLICATION:

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.