ProwdClown

Potential Bear Trap/Shakeout Before Automatic Rally in Phase A.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I'm seeing something in the Daily TF that peeked my interest and thought it was important to share.

Also, if you remember, I pointed out something about the Blue LSMA in the 2-Day TF in a previous publication. I mentioned the Blue LSMA in the 2-Day TF tends to turn back down again at the 50% level if we're still in a bear market. So, it's POSSIBLE the Blue LSMA in the 2-Day TF does come down just a hair at the 50% level WITHOUT GOING DOWN TO THE 20% LEVEL; and then immediately turn back up after a potential "shakeout/bear trap."

The publication where I discussed the possibility of the Blue LSMA in the 2-Day TF potentially turning down around the 50% level is in my "Related Ideas" link below.
Comment: 2-Day TF:

Comment: As I mentioned in the video AT THE TIME; the Daily TF was suggesting a POTENTIAL for a Bear Trap/Shake Out BEFORE going up with our Automatic Rally. I'm not seeing that anymore. I'll create another video within the next 12 hours.
Adam and Eve double bottom?
Reply
ProwdClown mc_peewee
@mc_peewee,

Not anymore

We're going up for our Automatic Rally in my opinion.
Reply
mc_peewee ProwdClown
@ProwdClown, One pump and you're convinced?
Reply
ProwdClown mc_peewee
@mc_peewee,

It's not that... It's what I'm seeing in the indicators. It's not as simple as "...One pump and convinced." It's the indicators with me.
Reply
mc_peewee ProwdClown
@ProwdClown,
This is what my RSI is saying. Last time I saw divergence like this was when we plummeted from $6k...
Reply
ProwdClown mc_peewee
@mc_peewee,

I'm sorry, but I've found RSI all by it's lonesome is not good enough. Which is why I like using Godmode as my MAIN source. It includes five (5) indicators merged into one.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out