WyckoffMode

BTCUSD - Simply a Look at Much Higher Time Frames...

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
This is a look of higher time frames with the 2-Month Time Frame being our highest evaluated time frame. Unfortunately, the amount of time I had to cover all of the high time frames was cut short at the 12-Day TF. I'll have to post comments of the 9-Day, Weekly and 6-Day time frames when I have a chance. I'm currently working on taxes. So, I will post them the next chance I have with a text bubble or two.
Comment:
One positive way of looking at the Weekly is how low the White Energy is currently. We have NEVER been this low with the White Energy in the Weekly during the history of Bitcoin. NEVER has it been this low in the Weekly. I identified (to the left) in history the other two times in which the White Energy had went the 2nd and 3rd lowest. You will see AFTER both times the price action made a massive move up ONCE THE WHITE ENERGY CROSSED ABOVE THE 50 PERCENT LEVEL IN THE WEEKLY.

Comment:
Comment:
I have a video publication currently uploading... In the meantime... I'm spreading buy orders in between my 0.618 Primary Fib at $6,149 and 0.5 FIB at $4,975.60.


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