WyckoffMode

BTCUSD: Stage 2 Expansion in 12h; Upward Pressure Triggered 24h

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! We have upward pressure "triggered" in the 24-hour time frame with potential for Stage 1 Expansion and price action going "UP" with expansion. We also need the Red RSI in the 2-Day to "close" above Level 50 before the White Energy in the 24-hour can come down and close below Level 50 to trigger downward pressure.

Happy Trading and Stay Awesome!
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Red RSI and Blue LSMA look bullish in our Short Term Group of time frames...
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3-Day time frame...
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2-Day time frame...


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I'm still waking up and noticed two errors in this video... Red RSI is above Level "80" in the 12-hour to trigger stage 2 expansion; NOT Level 50.

The other error was me saying the Red RSI in the 2-Day was above Level 80 when in fact, that was Level 20.
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I posted the following update in the PREVIOUS BTCUSD publication; since the PREVIOUS publication was "about" the 8-hour time frame.

"Simply pointing out in the 8-hour for THIS publication that we not only had Stage 2 Expansion Up; we also had Stage 3 Expansion Up just begin not long ago in the 8=hour."

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Simply a reminder of expansion with price action UP and expansion with price action going DOWN...

ADAUSDT Weekly: Yes, it's Cardano but I want you to focus on expansion of B-Bands in relation to the Phoenix Ascending Indicator.
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Having a look at diagonal trend lines before getting to work in my office. Here is a pulled back view FIRST.

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I've zoomed in even more on the 8-hour time frame.
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8-hour time frame potential diagonal channel we may fall into for a bit of time.

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Removed B-Bands to allow you to see the diagonal trend channels easier.

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A little more of a "Pulled Back View"
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Older chart from a previous publication when creating text bubbles BEFORE Stages of Expansion and price action going UP with expansion occured.

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Simply made some adjustments with the text bubbles.
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New 3-Day candle in approximately 6.5 hours.

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8-hour time frame.
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Cleaned up the chart a little bit.

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12-hour time frame...
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24-hour (left) and 2-Day (right):
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24-hour time frame...

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