I'm following up with another publication with discussion of lower time frames for us to TRY to get a grasp of what could be going on. I'm about to get to "Part 2" now. See you in a few...
Stay Awesome!
; )
Comment
⋅
PLEASE do not forget to have safeguard (stop-loss, stop-limit or trailing stop) to keep losses small and gains large.
Comment
⋅
I'm currently working on lower time frame publication. Just letting you know the Daily TF currently shows downward pressure. Which is WHY I want you to have proper safeguard in place with the stop loss, stop limit or trailing stop.
Comment
⋅
Posting a 2-Day Chart of BitFinex BTCUSD (Top); BitFinex Short Contracts (Middle) and BitFinex Long Contracts (Bottom) before I begin Part 2 Video of lower time frames:
Comment
⋅
VIDEO PUBLICATION (10 MINUTES): "A Quick Look at Contracts Before Part 2 Video of Lower TF's."
Comment
⋅
I'm currently have a good look at LTCUSD, ETHUSD and ADAUSD to see if I can get a clue as to what BTCUSD might be doing.
Comment
⋅
MARKET CONDITIONS "MAY" HAVE CHANGED... We will not know for sure until June 6th or 8th when looking at the Daily. In the meantime, anticipate more downward pressure.
Comment
⋅
Pardon all the notifications you are probably getting from my posts. I believe it's important I have a good look at ETHUSD and LTCUSD before continuing further with BTCUSD. I prefer to approach our TA for BTCUSD that way before drawing a conclusion with BTCUSD. So, I'm about to work on a video publication for ETHUSD first.
Comment
⋅
Have a look at ETHUSD real quick first before drawing conclusions about BTCUSD. I'm currently having a look at Alt-Coin/USD pairs before continuing any further with BTCUSD Technical Analysis.
Comment
⋅
$7,270 with authority, the next target will be the 50 MA in the 24h TF around $6,770.
I've been on with Chart Vampire the past 4 hours on YouTube. I'll get Part 2 up soon.
Comment
⋅
Comment
⋅
Looking at my TSI Short Cycle and Long Cycle indicators in the Daily Time Frame:
Comment
⋅
A few more additions to the same DAILY (24h) chart: