BTCUSD: IMPORTANT Information on Current Price action in 4-Week
Hi Everyone! The purpose of this video publication was to provide more details on this chart I posted as an update in my previous video publication. We would monitor lower time frames than this 4-Week time frame to determine which of the scenarios mentioned in the video will end up playing out. Of course, this will take TIME to play out.
BE ADVISED: Do NOT assume present day periods of DISTRIBUTION will play out in similar period of TIME as they have played out in previous periods of distribution in 2014 and 2018.
Happy Trading and Stay Awesome!
David
BE ADVISED: Do NOT assume present day periods of DISTRIBUTION will play out in similar period of TIME as they have played out in previous periods of distribution in 2014 and 2018.
Happy Trading and Stay Awesome!
David
Comment:
UPDATE:
I was asked, "...do you still feel we are going up according to the Wyckoff schematic we been following or would you say that is now invalidated?"
My reply, "Read the Magenta (Distribution) Text Bubble in the bottom right corner of this chart."
I was asked, "...do you still feel we are going up according to the Wyckoff schematic we been following or would you say that is now invalidated?"
My reply, "Read the Magenta (Distribution) Text Bubble in the bottom right corner of this chart."
Comment:
UPDATE:
Added another Red Text Bubble:
Added another Red Text Bubble:
BTCUSD: Risk of Falling to a Range of $41,500 to $40,000 Soon