TradingView
WyckoffMode
Jan 28, 2021 11:25 PM

BTCUSD: $34,550 to $35,660; Then Let's See What's Possible... 

Bitcoin / U.S. dollarBitstamp

Description

Currently looking like the White/Aqua UPPER B-Band as our price range target. We will have to see what the indicators look like once we potentially reach that target range. PLEASE make it a point to read the description under my video and chart publications. Should I have been more descriptive about what EXACTLY to look for as a sign of potential reversal to upward pressure? I suppose I could have but I'm not responsible to do so at this point. I might do one more video publication after this one and the publication after this one may very well be my last for several weeks. What I teach requires mentioning a LOT of details over and over again to remind people of what to do when looking for short term, near term and mid term reversals. If anyone assumes they know for a fact we are on the verge of a sustained reversal to upward pressure and off to higher highs than $42,000 is not being realistic. There is nothing to tell us this as though it is a fact yet. We still have yet to see certain things within the indicators or any other manufactured indicator CONFIRM this as a strong chance of reversal. For starters; we need to see the White Energy in the 2-Day "close" ABOVE level 50 before the Red RSI in the 4-Day can "cross" BELOW level 50.
Comments
just_some_trader_guy
Hi David, I agree with everyone else, ignore the TROLLS!!! A quick technical question, there are a few indicators you have given - looking at when the Red RSI goes past level 50 in multiple time frames which leads to these "races" with the white energy. There is another one you have been talking about recently which is the Green Line going past 50 which indicates movement to the basis and various B-Bands. Then there's the Green being higher or lower than the energy and you also talk about the RSI touching the green. If you have time I would love to see an explanation of these different indicators and how they relate to one another. Maybe you already posted and I missed it? Anyway thank you and stay awesome
WyckoffMode
@just_some_trader_guy,

Hi JSTG,

I appreciate the donation. However, an "organized" effort is current under works for the answers you seek.

Stay Awesome!

David
ZombieGoBoom
@just_some_trader_guy, Honestly not trying to troll, but I HAVE to ask this question; If David doesn't have the time to answer technical questions in a message, why on Earth would the comments be any different? Cheers.
UnknownUnicorn13529438
@ZombieGoBoom, Because here people have the chance to ask less selfish question that will benefit everyone from being answered. While a private message usually is very self centered and specific.
c3l3x
Another informative video - don't engage with the trolls, you've got something good here, stay focused and we'll all get even more awesome!
WyckoffMode
@c3l3x,

Agreed....

Thanks for the donation!

Stay Awesome!

David
ZombieGoBoom
Those of us who have been listening and understand what you have been saying more than appreciate what you have been doing here, David. Don't feel obligated to strain yourself for people who have not been paying attention and don't know what they are talking about. Great update as always, stay awesome!
WyckoffMode
@ZombieGoBoom,

Hi ZombieGoBoom,

Yes, I would have to agree... At the same time, I wanted "new-comers" to my profile to realize there is more to my method than meets the eye; to not assume my method is "bogus." When in fact, my method is about the closet thing to a crystal ball one could posses; providing they KNOW how to use it.

Thank you very much for the donation and your support, Mate!

Stay Awesome!

David
michaelzerna
WyckoffMode
@michaelzerna,

Hi Michael Zerna,

Thank you for your continued support and the generous donation, Mate!

Stay Awesome!

David
More