Let's Have a Look at ENERGY in the 4-Day, 9-Day and 2-Week TF's.
Simply wanted to point out something we're seeing in the 9-Day time frame (TF) in relation to what we're seeing in the 2-Week time frame (TF). The Gray ENERGY in the 9-Day appears to be approaching the 50% level; while the Gray ENERGY in the 2-Week TF is nowhere near the 50% level yet. So, which do we go along with: The 9-Day or the 2-Week Gray ENERGY?
#1 - I'm deciding to go with the Gray ENERGY in the 2-Week based on the "odds" we likely have more than one caution dot and likely at least 3 or 4 caution dots before we go down.
#2 - I'm also going with the 2-Week based on what I'm seeing in the indicators for LTCUSD and ETHUSD in their Weekly and 2-Week time frames. It's hard for me to see LTCUSD and ETHUSD going up without BTCUSD going up. Yes, we did have BTCUSD going down from December 17, 2017 to January 15, 2018; while ETHUSD and LTCUSD were going up from December 17, 2017 to January 15, 2018. However, the gray energy in the 2-Week does not look in any way similar to the way it did during that period of late 2017 and early 2018.
#3 - I'm also going with the 2-Week TF based on the fact we have a LiteCoin Block Halving Event coming up.
So there... I've shared my reasons WHY I personally am going with what I'm seeing with the Gray ENERGY in the 2-Week TF despite what we are seeing with the Gray ENERGY in the 4-Day TF and the Green Line crossing the Red RSI in the 9-Day TF. We will know soon enough which is correct. This is something NEW we have never seen before in history with the Gray ENERGY in the 2-Week time frame being as high as it is currently. This will definitely be valuable information to use for events in the future.
Appreciate your continued support!
Stay Awesome!
David
#1 - I'm deciding to go with the Gray ENERGY in the 2-Week based on the "odds" we likely have more than one caution dot and likely at least 3 or 4 caution dots before we go down.
#2 - I'm also going with the 2-Week based on what I'm seeing in the indicators for LTCUSD and ETHUSD in their Weekly and 2-Week time frames. It's hard for me to see LTCUSD and ETHUSD going up without BTCUSD going up. Yes, we did have BTCUSD going down from December 17, 2017 to January 15, 2018; while ETHUSD and LTCUSD were going up from December 17, 2017 to January 15, 2018. However, the gray energy in the 2-Week does not look in any way similar to the way it did during that period of late 2017 and early 2018.
#3 - I'm also going with the 2-Week TF based on the fact we have a LiteCoin Block Halving Event coming up.
So there... I've shared my reasons WHY I personally am going with what I'm seeing with the Gray ENERGY in the 2-Week TF despite what we are seeing with the Gray ENERGY in the 4-Day TF and the Green Line crossing the Red RSI in the 9-Day TF. We will know soon enough which is correct. This is something NEW we have never seen before in history with the Gray ENERGY in the 2-Week time frame being as high as it is currently. This will definitely be valuable information to use for events in the future.
Appreciate your continued support!
Stay Awesome!
David
Comment:
#4 - Have a look at the White Circles for PRESENT DAY in comparison with the White Circles for 09 November, 2017. Present day price level is very similar as back in November 2017. Short Contracts and Long Contracts on BitFinex are at very similar levels present day as they were in November, 2017. This is the fourth reason I believe we may see continued bull market AFTER A BRIEF DIP the remaining days we have in May, 2019. I'm anticipating a pump for most all of June.
Comment:
I'm of the opinion the Margin Long Contracts need to get "spooked" with a decent dip down in order to reduce the margin Long contracts. WHILE AT THE SAME TIME; lulling in margin short contracts to try to liquidate some of them with a reversal bull pump back up AFTER a brief stint down.
Comment:
