WyckoffMode

Wanted to Share a Few Things I'm Seeing in the 2-Week Time Frame

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Like I said in the video (when looking at the Daily time frame); we are flirting with the lower boundary of that triangle right now. It's POSSIBLE we can avoid falling below the lower boundary of that triangle and this weekend begin coming back up to the upper boundary of the triangle before falling again. However, this is currently looking like we could have a "Three Drives Down" scenario play out from our high at $13,880 to a lower low around $8,300 to $8,500 by mid September. Of course I'm saying the third drive down would bottom out in mid September before we finally see a reversal to sustained upward pressure for the remainder of 2019.
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Posting this 12h TF chart here as well:

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We are currently working on our Back-Up/Last Point of Support AFTER our "Sign of Strength" in Phase D of our Wyckoff Accumulation schematic. Then we are off to the races in Phase E after we find our "Last Point of Support."

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I know I was not "active" a few days ago; but my followers who have been using the indicators I use would have seen this in the Daily TF:

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We may see a bounce temporarily off $9,120.16:

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12h TF:


6h TF:

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3h TF:

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We may ultimately end up at one of the two 0.618 FIB's circled in Purple on this Daily chart by early to mid September.

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I'm back to charting "somewhat..."  I'm still remodeling my office and working on content for my website.  The next thing to do is to get "L" brackets from Lowe's tomorrow morning to fasten down the counter top to the pedestals on each side underneath the counter top. This will bring it up in the middle.  By this time next year the entire wall and the adjacent wall to the right will have a counter top from corner to corner for a total of 26 feet of counter top space with TV's (acting as monitors) on the current wall you see in the image below and actual monitors on the adjacent wall to the right over a new counter top.  What you see currently is only 10 feet of counter top space.

i.imgur.com/QHvOENx.jpg

These are the 27 inch monitors I have currently.  I actually have five of them.  One is in the mining room and will be brought into my office to be used for trading once this portion of the office remodel is complete.  That test bench will be removed very soon and a 27 inch monitor will be put in its place.

i.imgur.com/OsWjmV1.jpg

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