Hello Everyone,
We see the news with "moonshining price of Bitcoin" - true wave of euphoria... Despite ones today's candle is little black (red) at the moment - keep in mind... ;-)
Some indicators at dayly candles are totally overheatted (exactly - were yesterday). Yesterday's RSI was over 80 while is over 70 for 7 days - keep in mind... ;-)
At Sunday we will formate the 8th white (green) weekly candle in series. There were some 8 ones in series few times but never 9 - keep in mind... ;-)
The halving seems to be on Monday and the prise stared to rise not so quickly afetr the previous halvings - directly after usually dropped - keep also in mind... ;-)
Best wishes...
Paweł
We see the news with "moonshining price of Bitcoin" - true wave of euphoria... Despite ones today's candle is little black (red) at the moment - keep in mind... ;-)
Some indicators at dayly candles are totally overheatted (exactly - were yesterday). Yesterday's RSI was over 80 while is over 70 for 7 days - keep in mind... ;-)
At Sunday we will formate the 8th white (green) weekly candle in series. There were some 8 ones in series few times but never 9 - keep in mind... ;-)
The halving seems to be on Monday and the prise stared to rise not so quickly afetr the previous halvings - directly after usually dropped - keep also in mind... ;-)
Best wishes...
Paweł
Comment:
school.stockcha...b/exe/fetch.php?media=mark...
Please, see the Wyckof distribution pattern.
I expect not full scheme 1, as from UTAD we have possibility to break-up. In my opinion we are at (ot just after) the BC stage.
Please, see the Wyckof distribution pattern.
I expect not full scheme 1, as from UTAD we have possibility to break-up. In my opinion we are at (ot just after) the BC stage.
I seems that we will hahe a pull back.
I just found an article about Wyckoff price cycle
school.stockcha...ts.com/doku.php?id=market_...
Fo someones of you the presented theses are obvious, however, we often forgot to implement "obviuosnesses" in our decisions...
Wish you a great weekend,
Paweł