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.
David, I believe i understand 80% of your method.
However, i'm still lacking confidence opening a position when i miss the start of a swing (Didn't get in when BTC was around 30K last week). I think your confirmation will solve my "analysis paralysis", are you still planning on providing signals/live trading this august?
Thank you.
raoultesla
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@G93E93O93R93G93E,
G9... look at my post above. Don't fuch yourself. If it makes you less anxious Dollar Cost Average into BTC, and ADA. You will thank YOURSELF.
G93E93O93R93G93E
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@raoultesla, Already bought BTC and ADA, I meant opening margin long/short to grow my capital.
raoultesla
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GOHD this is good.
It is all very simple.
JPMorgan-(ZEC since 2017)/Goldman-(owner of Coinbase)/Morgan Stanley-(Since Octoboer 2020)/Fidelity -ALL- buying BTC since August 2020.
That is all public record now.
YOU the normal guy on the street are being fuct again, 1931, 1973, 2007 etc etc etc.
There is NO wrong entry. Just get in.
FFS. The World Economic forum is using XRP to pay International Settlements through SWIFT Today. Again Public Record.
GET IN now, for your family. NOW.
The World economic Forum also loves Cardano, and Solana.
ALL your govt. is rich people. There are no good and bad politicians, ONLY rich politicians.
And regarding BTC... what do you think is going to happen by December? Look where we are in the Weekly.
Look at the Values of David's indicators Jan 2020, and Today.
Moonseekers
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great work mate!
see my btc analysis below
Augg
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The white Energy in 12Day timeframe is now above 50 before the red RSI in 24Day came below 50. I guess it means the bottom is in for the current downtrend in the higher timeframes. And we can start going up based on lower timeframe indicators.
jfavanhoof
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Love all your analysis, thanks for sharing!
Though, I do not understand the colored RSI's. What are the differences?
Explanation of that and more coming soon in an organized format.
tesseract44
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Thanks for posting this - it really helps and I also battle to have confidence to enter - knowing fake break outs are common and your indicators are very helpful. You were right on with that pump - saw the whole weekend hardly any structure or trends missing from the charts - hope to see your work more often - interesting stuff
However, i'm still lacking confidence opening a position when i miss the start of a swing (Didn't get in when BTC was around 30K last week). I think your confirmation will solve my "analysis paralysis", are you still planning on providing signals/live trading this august?
Thank you.