Watch the 50 MA in the Weekly; Watch the ENERGY in the 12h.

I'm anticipating upward pressure to continue till possibly April 8, 2019 before exhaustion on this upward move. Which means we revert to downward pressure for a while afterwards. My followers who use the same indicators I use will appreciate what is shown with the indicators in the 12h TF. I wish I had time to go down to the 3h TF in this video. Unfortunately, I ran out of time. I may follow up with one more video after this to cover lower time frames. My apologies if I'm posting too many videos. Part of the reason I'm posting as many videos as I do is to TRY to educate followers how to use the indicators I'm using and WHAT other things to look for; such as diagonal trend lines, placement of FIB's within FIB's as a secondary FIB within primary FIB's, watching moving averages within time frames, try out different moving averages in different time frames to see if you can find consistencies when back testing from history, etc...

This certainly looks like a double top potentially in the making. If my TA is correct, I'm anticipating we reach $5,180 with no problem. This potential double top could go as high as $5,375.00. As mentioned in the video; we COULD go up barely above my purple diagonal trend line into $5,500 to $5,675 price range if this carries on into April 8th before consolidation.

PLEASE DON'T FORGET TO IMPLEMENT A STOP LOSS/STOP LIMIT ON YOUR ORDERS IF YOU ARE USING MY TA OR ANYONE ELSE'S TA. PLEASE DO THAT... Our "ideas" are exactly that, "Ideas." They are NOT financial/trading advice. None of my publications are financial/trading advice. They are simply used to show how I do my own TA and leave it up to others if they wish to follow a similar technique. If you can pick up a couple of things to add to your own strategy, I've accomplished something. ; )

Followers, thank you so much for your support!

Happy Trading and Stay Awesome!

David

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Here's a look at the indicators within Godmode to emphasize what to look for POTENTIALLY playing out in the 12h. There's no guarantee it will play out this way of course. Simply pointing out what I personally am looking for.

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"IF" the indicators play out as I have depicted in the 12h TF, the Gray ENERGY may get close or make contact with the Red RSI on April 7th or April 8th for it's high. THEN THE NEXT CANDLE after they make contact is WHEN we begin to go down. Which could be the 8th or 9th of April.

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It's stuff like this I probably should reserve for website in the near future rather than posting here. If whales (Composite Groups) get a hold of information like this, it's not good for my followers. Maybe I'm being too cautious.... Anyway, hope what I've shared has been helpful. Even more so, I hope my TA is correct. Only time will tell.

Stay Awesome!

; )

Comment:

If you have the following question about Godmode 3.1 Mod with LSMA (LTCUSD) you need to see my reply:

Here's the question:

May I ask why the Godmode indicator reads Ltc/usd in small writing and your main chart is btc/usd. Is this because Ltc is leading btc or why? Does this not mean if btc or ltc behave differently the indicator is not accurate. Sorry if I am asking a noob question I just wonder why it has Ltc on it after the setting.

My Reply:

Godmode 3.1 Mod with LSMA (LTCUSD) has an option in "Format" under the "Inputs" tab for "Multi-Exchange." Which see: i.imgur.com/FWSbBP4.png

Godmode 3.1 Mod with LSMA (LTCUSD) Source Code will monitor data from four (4) Exchanges within its code in the event you "check" the "Multi-Exchange" box. Those four (4) exchanges are "COINBASE: LTCUSD" "BITFINEX: LTCUSD" "BTCE: LTCUSD" and "BITSTAMP: LTCUSD." Which see on line 11 and 12 of the source code: i.imgur.com/ZqbAqyt.png

The ONLY time you "check" the "Multi-Exchange" box is WHEN you are using this indicator (Godmode 3.1 Mod with LSMA) for "LTCUSD" ONLY. It's STRONGLY RECOMMENDED "NOT" TO CHECK THE "MULTI-EXCHANGE" BOX WHEN USING THIS INDICATOR FOR ANYTHING ELSE OTHER THAN "LTCUSD."

However, I recommend NEVER checking the "Multi-Exchange" box even when using it for LTCUSD. WHY? Because one of the four (4) exchanges it monitors data is "BTCE." Well, "BTCE" is no longer in existence (dead). Which means you would be monitoring only 3 of the 4 exchanges. If you want, you can COPY the source code and paste it into a new indicator you create and EDIT line 12 of the code by changing "BTCE" to "BINANCE." THEN you could use "Multi-Exchange" for LTCUSD more effectively. However, make sure to UN-CHECK the "Multi-Exchange" box when using your NEW indicator to monitor any other pair other than LTCUSD.

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UPDATE:

12h update with one more note:

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It's POSSIBLE we could keep going up after the Green Line makes contact with the Red RSI while going up without seeing a dip. Again, simply wanted to emphasize it's not that it MUST dip after making contact. Simply showing it's POSSIBLE to continue up. It's also possible after the Green comes up to make contact with the Red RSI that a dip actually turns into a dump. Which would require you to look at lower time frames to see which may likely occur.

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We're getting close... Waiting for a new Daily (24h) Candle with updated indicators in the Daily (24h) before the next update. New Daily (24h) Candle in 3 hours 45 minutes.

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We had that little tick downward in the price action WHEN the Green Line came up and made contact with the Red RSI, "THEN" the NEXT 12h candle we have a move up as anticipated. Cooooooool ; ) Will be doing a new video update after making some coffee.

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This was a double top and waiting for video publication to upload to post it. Coming up shortly.