WyckoffMode

Falling? Nope! ... Ballin? Yup! ... More Time Frames...

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Covered more time frames in this video for further clarity... Looks like we will likely come up to test the 200-MA in the Daily (24h) TF. Then we will likely come back down again about the time the 50-MA meets the 200-MA in the Daily. However, I believe that event will be used as a shakeout (bear trap) to lull in shorts to squeeze them shortly thereafter. If you wish, you can wait until the event I mentioned of the 50-MA POTENTIALLY making contact with the 200-MA in the Daily before making your trading decision. That's perfectly fine. I'm simply providing my personal OPINION...

FALLIN? (to lower lows) NOPE!!! BALLIN? (to higher highs) YUP!!! ; )

Thanks for your time watching the video and for your support!

Happy Trading & Stay Awesome!

David
Comment:
6h and 12h Time Frames:
Comment:
The Yellow "Basis" of the Bollinger Band in the 6h was currently at $8,056.33 at this writing...
Comment:

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