TradingView
WyckoffMode
Feb 2, 2020 10:08 AM

$8,885 Still POSSIBLE Before Going Up EXPONENTIALLY; WATCH THIS! Long

Bitcoin / U.S. dollarBitstamp

Description

NOT to brag, but you NEED to watch this video!!! We are still experiencing downward pressure at present. It's still POSSIBLE for us to fall to my Secondary FIB at $8,884.67 before we BEGIN to go up EXPONENTIALLY. Our first tier level high while going up to our MAJOR consolidation event in mid April will be the $9,950 to $11,400 price range. Don't be surprised if we have a consolidation event of 15 to 20 percent in mid February before we continue going up EXPONENTIALLY HIGHER. I'm expecting our high in mid April, 2020 to reach $16,100 at a minimum but could go as high as $19,900 before we see a MAJOR consolidation event of at least 27 percent or more.

I labeled this publication a LONG position for the LONG TERM. This is NOT labeled a LONG position for the short term. WHY? Because we are still currently experiencing downward pressure and MIGHT fall to my Secondary FIB at $8,884.67.

If you will, PLEASE smash that "Like" icon if you have found this publication beneficial.

Happy Trading, Everyone; and as always... STAY AWESOME!

David

Comment

Now, who contends the Bitcoin Block Halving is already "priced in?"

Comment

Historical MAJOR occurrences within the indicators in the Monthly TF:

Comment

Comment

Comment

Update using the Daily (24h) Time Frame (TF) "With" Indicators:


Larger view of the Secondary FIB levels and the 200-Day Moving Average:

Comment

Note the white circles in history with the white circles present day. Not sure if we are about to play out similar to history or not. It's still POSSIBLE for one more bout of downward pressure before going up on the weekend IF WE DO NOT BEGIN GOING UP HERE.

Comment

Comment

Update using the 6-Day TF... THEN I've got to get a little nap. Tornado warnings had me up all night last night.

Stay Awesome!

Comment

I will post a video publication update for BTCUSD later this evening to elaborate on the new developments I'm seeing in the indicators for BTCUSD.
Comments
UnknownUnicorn6047038
your video is great) btc trade inside the range
WyckoffMode
@Alex_Clay,

Thanks for the kind comment and for sharing your opinion. Feel free to share with a link to your ideas any time. ; )

Stay Awesome!
MarxBabu
i am more convinced for short ,thanks for your video
WyckoffMode
@MarxBabu,

Thanks for sharing...

And your opinion of where it will find bottom?
MarxBabu
@WyckoffMode, I see it near 9000 and 8500 all will be confirmed by longbuylongsellindicator only for me at that time .This is prelim point.
WyckoffMode
@MarxBabu,

Agreed... Such as my "initial" target of $8,884.67 being an "estimated" target price. In the end, the bottom is not "IN" until the indicators tell us we have a reversal to upward pressure. All my targets (weather up or down) are only estimated preliminary targets. If the indicators end up telling us we have a longer period of upward or downward pressure, I generally let everyone know. Ultimately, the indicators tell me when to long (buy) or short (sell). I was simply curious of your thoughts on where you think we might go and how you may have obtained your target price or price range.
MarxBabu
@WyckoffMode, can you check that longbuylongsellindicator and provide me your feedback please.
I am gonna upgrade with new features in it.any suggestions
WyckoffMode
@MarxBabu,

Just tried to load it to check it out but noticed the "lock" symbol. I can't check it out to give you my thoughts.
MarxBabu
@WyckoffMode, added now try
WyckoffMode
@MarxBabu,

I understand the red stars... what are the orange stars for?
More