WyckoffMode

Support May Remain at B-Band Basis in 24h for Now Till Reckoning

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! I'll provide another update shortly after my return from getting my wife some of her fancy soap. In the meantime, the price action may still remain (for the most part) around the general area of the Yellow Bollinger Basis in the 24 hour (Daily) Time Frame. We will have to wait for the next one or two more 12 hour candles to see if our Green Line can get higher than the Energy in the 23min. 45min. and 3hr. -and- the green line be on the verge of getting higher than Energy in the 6hr.

Happy Trading and Stay Awesome!

David
Comment:
UPDATE:

I'm NOT going to assume we do not continue falling further to the 0.618 FIB Re-Trace. At the same time, I'm NOT going to ASSUME we have already found our bottom and on the verge of resuming a sustained period of upward pressure yet. Let's allow our "Downward Pressure Race" tell us WHEN our downward pressure has concluded before drawing any kind of conclusions based of mere assumptions.

Comment:
UPDATE:

A look at the Daily TF:
Comment:
UPDATE:

Sorry, I'm a "perfectionist" at times. Wanted to move around the text bubbles a little to clean up this NEW 24h Candle chart:

Comment:
IMPORTANT UPDATE:

URGENT: Price at Risk of Falling to Yellow B-Band Basis in 2-Day
Comment:
UPDATE:

LET ME BE CLEAR: The ODDS are VERY HIGH of the price action falling to the Yellow B-Band BASIS in the 2-Day Time Frame (That general area); which puts us around the 0.618 FIB RE-TRACE at $26,902. Consider scattering buy order between my 0.5 and 0.618 FIB Re-Trace levels.

Comment:
BTCUSD: What Has to Occur to Avoid Dropping to 0.618 FIB RT ???
Comment:
UPDATE:

I meant to say...

UPDATE:

ALERT: I DO "NOT" OFFER PAID SERVICES "ANYWHERE" AT THIS TIME. IF YOU PAY FOR SERVICES FROM SOMEONE ON TELEGRAM, DISCORD, ETC... IT IS "NOT" ME... IT IS A SCAM!!!

SOMEONE JUST GOT SCAMMED FOR $250...

IT IS NOT ME...

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