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WyckoffMode
Apr 2, 2019 8:30 AM

Brain Storming; Feel Free to Share Your Thoughts in Comments. 

Bitcoin / U.S. dollarBitstamp

Description

I got it right for XMRUSDT, ADAUSDT, LTCUSDT and XRPUSDT going up to the levels that I stated in their respective publications. I don't know why I didn't do the same for BTCUSD. I guess because it was much more obvious with those pairs than it was for BTCUSD. I'll be sure to keep that in mind for the next time; whether going up or down.

Please feel free to share your thoughts in comments section. I would be interested in hearing your thoughts.

Stay Awesome!

; )

Comment

The Double Bottom in the lower left corner with Phases A,B,C,D & E. However, do NOT assume the price action must play out exactly as depicted in that drawing.

i.imgur.com/D1fHpTN.jpg

Comment

I'm currently working on several pairs (BTCUSD, ADAUSD, etc...) creating "DIAGONALS." I don't see a dip or dump coming yet. We may have already seen our high at $5,080 and slowly on the way down. We may have more to go up. Not sure yet. We have a new Daily Candle in 4 hours. The indicators will update with the new Daily Candle; which will provide more information for us. So, I'm currently waiting on that new Daily candle before providing further updates.

Here's an example of the "Diagonals" I'm working on for BTCUSD. Ignore the lines you see at the moment depicting possible future price movement. Wait till my update before trying to draw conclusions from this chart.

See ya in 4.5 hours.

Comment

Pointing this out from the 3h while we wait on a new daily candle with updated indicators:

Comment

Still working on some stuff. Will be about an hour and a half.

Comment

About to fix a pot of coffee and get to doing a video publication for this chart:

Comment

Sorry this is taking a bit longer. I'm about to get started on the video shortly. Just adding a few more things and making adjustments.

Comments
Andbcoin
It was just a guy from Asia buying 20,000 BTC in a single trade. It's been on the news.

Check my post with the link to the news.

WyckoffMode
@Andbcoin,

Thanks, I'll check out your article links.
WyckoffMode
@Andbcoin,

One article appears to try to claim a mystery Japanese buyer. But it's obvious it came from 3 exchanges that trade exclusively in USD; not Tether. The quote states, "...There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC,” he told Reuters, noting the orders were spread between cryptocurrency exchanges Coinbase, Kraken, and Bitstamp."

I believe it is LARGE interest. Likely, a corporate bank. They spent close to $100,000,000 on BTC alone in this pump.
tac0de
Probably i will be wrong, It's difficult to read and trade this pump consolidation bots (market)

Last week I observe a lot of people saying short 4000-4150 oterh saying 1k etc...

I'm thinking on other push probably in steps (5-7 days) to 5400-5650 to turn all bullish to the moon etc... There the "bots" can sell the 3'5-4K$ BTC
Then we can have a 1000$ range 5500$-4500$

Is like the red merged with the yellow



But market manipulation is obvius an any scenario is open.

Please take care in risk managments specially in margin
WyckoffMode
@neki,

Cool... Thanks for sharing your perspective, Neki.
Jour
I'm not far from your thoughts and observations.
maybe we still have a chance for spring
WyckoffMode
@Jour,

A spring when? Now? Beginning in late May? Or much later in August/September?
Jour
@ProwdClown, Hi,
before summer i think; if :)
WyckoffMode
@Jour,

I think so as well.
WyckoffMode
@Jour,

I think later in August/September is probably out of the question.
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