BTC Casual Conversation on Current Price Movement

Hi Everyone! Simply took a few minutes to point out a few things in regard to what I actually said in previous publications here on TradingView and other social media. Yes, there is a chance to go up to $23,000 to $24,500 at present. Which is near the Yellow B-Band Basis in the 11-Day time frame. Does this mean we will not see or have a chance of another Sign of Weakness event in Phase E of Distribution? No... We are not out of the woods yet.

Stay Awesome!

David

Comment:

UPDATE:

What do we need to see to help us determine if we are "out of the woods" in regard to continued distribution?

It would help if the Phoenix Ari rose above level 20 (0.20) in the 2-Week, 3-Week, 4-Week, 5-Week and 6-Week time frames.

Comment:

UPDATE:

The SHORTER the TIME FRAME of your analysis, the more chance of ACCURACY in your analysis. The HIGHER the TIME FRAME used in your analysis, the probability of that analysis coming to pass reduces because there are things which can occur in lower time frames to affect what we are seeing in Higher time frames.

This is why I prefer day trading and swing trading.

Stay Aweswome!

Comment:

UPDATE:

This was the LAST update I will be providing on ANY asset for quite a while on TradingView. I'm going to take a break from TradingView for at least a month.

Later...

Comment:

UPDATE:

I will NOT be checking personal messages for quite a while on TradingView.

I will NOT be posting updates or new publications on TradingView for quite a while.

I will be on another platform providing updates periodically for a while.

I simply need a break from TradingView and will be focusing on those who matter more to me.... My "premium" subs.

Stay Awesome!

David