BTCUSD: Heading Up Towards $40,000 to Anticipate Pullback
Hi Everyone! Quick update to let you know it looks like we're heading up to or near $40K and expect a pullback to the White Lower B-Band in the 12-hour after potentially running up to within proximity of $40K.
Happy Trading and Stay Awesome!
David
Happy Trading and Stay Awesome!
David
Comment:
Comment:
Comment:
UPDATE:
White/Aqua Upper B-Bands in the 8-Hour as well...
White/Aqua Upper B-Bands in the 8-Hour as well...
Comment:
Comment:
UPDATE:
We have potential to run up to the White Lower B-Band in the next 2-Day and 3-Day candles. This would be the B-Band Basis in the Daily. The price for the B-Band Basis in the Daily and the price for the White Lower B-Band in the 2-Day and 3-Day can be seen in the price column to the right on the chart.
Stay Awesome!
12-hour, 24-hour, 2-Day and 3-Day:
We have potential to run up to the White Lower B-Band in the next 2-Day and 3-Day candles. This would be the B-Band Basis in the Daily. The price for the B-Band Basis in the Daily and the price for the White Lower B-Band in the 2-Day and 3-Day can be seen in the price column to the right on the chart.
Stay Awesome!
12-hour, 24-hour, 2-Day and 3-Day:
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UPDATE:
12-hour and 24-hour:
12-hour and 24-hour:
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UPDATE:
Yes, it's possible for us to be "over-extended" in the Daily if we make it to the Basis. However, the Red RSI and Blue LSMA may both be above Level 30 the next Daily Candle. At which point, we have a "chance" to "over-extend" to the White/Aqua Upper B-Bands in the Daily. I want to see what the Short Term Group looks like as we approach the end of the current Daily (24h) candle before drawing that conclusion.
The Green Line in the 3-Day has an opportunity to rise up to Level 30 the NEXT 3-Day candle. Level 30 in Phoenix Ascending is synonymous with the White Lower B-Band. Which is currently at $40,700 in the 3-Day. However, the NEXT 3-Day candle we expect the White LOWER B-Band to be a little lower than what it is currently.
Yes, it's possible for us to be "over-extended" in the Daily if we make it to the Basis. However, the Red RSI and Blue LSMA may both be above Level 30 the next Daily Candle. At which point, we have a "chance" to "over-extend" to the White/Aqua Upper B-Bands in the Daily. I want to see what the Short Term Group looks like as we approach the end of the current Daily (24h) candle before drawing that conclusion.
The Green Line in the 3-Day has an opportunity to rise up to Level 30 the NEXT 3-Day candle. Level 30 in Phoenix Ascending is synonymous with the White Lower B-Band. Which is currently at $40,700 in the 3-Day. However, the NEXT 3-Day candle we expect the White LOWER B-Band to be a little lower than what it is currently.
Comment:
UPDATE:
Currently 2:00pm Central (Chicago) Time in my time zone.
I'll provide a video publication explaining what we are looking for with "Wyckoff Method 2.0" using the "Present Day Chart" in conjunction with the "2014 Distribution Chart" along with technical analysis on multiple groups of time frames between now and 3:00pm Chicago Time.
Present Day Chart:
2014 Distribution Chart:
Currently 2:00pm Central (Chicago) Time in my time zone.
I'll provide a video publication explaining what we are looking for with "Wyckoff Method 2.0" using the "Present Day Chart" in conjunction with the "2014 Distribution Chart" along with technical analysis on multiple groups of time frames between now and 3:00pm Chicago Time.
Present Day Chart:
2014 Distribution Chart:
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UPDATE:
Our 6-hour time frame in the Short Term Group has OFTEN been sideways with relatively TIGHT B-BANDS.
We are EXPANSION HUNTERS!!!
Not only in this 6-hour time frame; but also in lower time frames than this 6-hour.
8-hour and 16-hour:
12-hour and 24-hour:
Our 6-hour time frame in the Short Term Group has OFTEN been sideways with relatively TIGHT B-BANDS.
We are EXPANSION HUNTERS!!!
Not only in this 6-hour time frame; but also in lower time frames than this 6-hour.
8-hour and 16-hour:
12-hour and 24-hour:
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UPDATE:
You will find "Higher the volatility; the easier it is to use the indicators..." I believe they have moved market sideways in Short Term Group often as possible. Yet, our Near Term Group will filter out the noise while looking for expansion in Short Term Group of time frames.
You will find "Higher the volatility; the easier it is to use the indicators..." I believe they have moved market sideways in Short Term Group often as possible. Yet, our Near Term Group will filter out the noise while looking for expansion in Short Term Group of time frames.
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UPDATE:
4-hour time frame:
4-hour time frame:
