BTCUSD: Upward Pressure Still Dominates; $70K next stop...
Hi Everyone! As you can see in the Macro, Long, Mid and Near Term Groups in the Video; we still have significantly increased odds of upward pressure continuing. We see significant increased odds for significant price movement to the upside due to the "odds" of B-Bands Expanding and price action going UP with expansion in MANY time frames and in MANY groups of time frames. The Orange Upper B-Band in the 11-Day time frame may be our next target. Which is currently around $70,660 at this writing.
I'm labeling this a LONG position for what we see in the Macro, Long, Mid and Near Term Group of time frames. Still more room for upward pressure to continue before any kind of obvious reversal to the downside.
Happy Trading and Stay Awesome!
David
I'm labeling this a LONG position for what we see in the Macro, Long, Mid and Near Term Group of time frames. Still more room for upward pressure to continue before any kind of obvious reversal to the downside.
Happy Trading and Stay Awesome!
David
Comment:
Comment:
UPDATE:
BTCUSD: Macro Group
BTCUSD: Long Term Group
BTCUSD: Mid Term Group
BTCUSD: Near Term Group
BTCUSD: Short Term Group
BTCUSD: Immediate Group
BTCUSD: Macro Group
BTCUSD: Long Term Group
BTCUSD: Mid Term Group
BTCUSD: Near Term Group
BTCUSD: Short Term Group
BTCUSD: Immediate Group
Comment:
UPDATE:
My 0.786 FIB at $74,761.88 may be the next "Diagonal" target.
My 0.786 FIB at $74,761.88 may be the next "Diagonal" target.
Comment:
UPDATE:
History of Bitcoin Using Wyckoff Method. Phases identified; but events within each Phase are left out to reduce clutter when looking at the entire recorded history.
History of Bitcoin Using Wyckoff Method. Phases identified; but events within each Phase are left out to reduce clutter when looking at the entire recorded history.
Comment:
UPDATE:
You already see "zoomed in view" of the chart below. However, the chart below is a "Pulled Back View." The main purpose of this "Pulled Back View" is to point out the Diagonal White Channel drawn on the chart. You can refer back to the "zoomed in view" charts posted above if you need to.
You already see "zoomed in view" of the chart below. However, the chart below is a "Pulled Back View." The main purpose of this "Pulled Back View" is to point out the Diagonal White Channel drawn on the chart. You can refer back to the "zoomed in view" charts posted above if you need to.
Comment:
BTCUSD:
It's been a while since I've shared this chart. This is an older "Fib Study" I've been doing for TOPS (Buying Climax) and BOTTOMS (Selling Climax -AND- Spring).
Zoomed in View of same chart:
It's been a while since I've shared this chart. This is an older "Fib Study" I've been doing for TOPS (Buying Climax) and BOTTOMS (Selling Climax -AND- Spring).
Zoomed in View of same chart:
