BTCUSD - Aqua/Orange UPPER B-Bands is Target Range for Near Term

Oct 19, 2020

Hi Everyone! The purpose of this publication is simply to point out my opinion of where the price action may likely be heading for the Near to Mid Term. If the cover chart is too scrunched up to view the chart properly, you can have a look at the screenshot of the chart below for easier viewing as it was intended.

Oct 20, 2020

Note

UPDATE:

Here's the 9-Day Time Frame: Upward pressure should likely continue for a while.

Oct 20, 2020

Note

UPDATE:

This 12h Time Frame was posted in the PREVIOUS publication regarding the odds increasing of the B-Bands EXPANDING in the 12 hour TF and how we know the odds increase for this occurring. I'm posting this chart to show this has in fact come to pass:

Oct 20, 2020

Note

UPDATE:

Here is the Daily (24h) Time Frame:

Oct 20, 2020

Note

UPDATE:

Simply providing the Weekly Time Frame again:

Oct 20, 2020

Note

UPDATE:

4-Day Time Frame:

Oct 21, 2020

Note

UPDATE:

Here is the 12h time frame to point out upward pressure continues even while the white energy is falling. WHY? Because the Red RSI has "closed" above level 56. We can say sideways at worst and upward at best during this period of upward pressure. We must not assume the price action "must" go up significantly during a period of upward pressure. We have to assume it is "possible" for the price action to continue going up during a period of upward pressure. In which case, you would implement your trades according to the upward and/or downward pressure signals at a given time.

The purpose of posting this 12h TF is simply to place a potential target of where we may run up to before we see a potential pullback.

Oct 21, 2020

Note

UPDATE:

The previous FIB Extension was placed on the chart to get a "ballpark" estimate. The FIB on the chart now was placed more precisely.