Taking us up again would stir up emotions of going to the moon and get others to FOMO in at a higher price than current price (maybe around $16.0K to $16.8K). Then they take us up quite a bit to around $17,xxx and slam it down to $15,850 in an attempt to liquidate margin longs before going up one last time before a major pullback. That's my thoughts anyway...
I may provide a few more charts with text bubbles in updates below in due time.
Here's a look at the 12h in May, 2017:
6 hour time frame: REMEMBER... The B-Bands are currently RISING if the price action were to fall. So, the current prices of the LOWER B-Bands may be HIGHER than they are NOW if the price action were to come down a candle or two later.
Providing a couple of examples of what I'm referring to in the previous post of the 12h time frame:
Word is somehow getting around as if I have said my target is $40,000. I have not said nor implied that is where we are going as if it is certain. In fact, I have two (2) scenarios in which I believe one could play out. I posted them in a previous publication. Those two scenarios (potential targets) are in the following 3-Day Chart:
BTCUSD: IMPORTANT to Understand My 3-Scenario Target Ranges!!!
HERE IS MY YOUTUBE CHANNEL: https://www.youtube.com/channel/UC8IbhpQwrTD6BozJPWnyAHA
UPDATE ON MY DAD: https://www.youtube.com/watch?v=6UUm4ObJT8E