Video #1: Let's Discuss Possibilities Before Indicators in #2.
Possibility #1: We had only 3.5 months of accumulation (similar to 2012) and have begun going up to the 78.6% FIB @ $7,800.
Possibility #2: We may go a little bit more above $5,080 to around $5,250 on Stamp before falling back down to test support between $3,500 and $3,800 and this be our one and only Simple Rally in Phase B before we begin taking it up first week of June, 2019 in anticipation of our Lite-Coin Block Halving. When we take it up, it goes all the way to the 78.6% FIB @ $7,800 and we fall back down to find support around $4,500 to begin a HIGHER trading range.
Possibility #3: We may go a little bit more above $5,080 to around $5,250 on Stamp before falling back down to test support between $3,500 and $3,800 and go back up one more time with a second simple rally around the 50% FIB to then fall back down to around $4,200 where we begin our wyckoff spring the third week of September, 2019. It would not actually begin going up hard until late October, 2019.
I'm about to eat a late dinner. I will follow up with another video with more focus on the indicators.
Stay Awesome!
; )
Possibility #2: We may go a little bit more above $5,080 to around $5,250 on Stamp before falling back down to test support between $3,500 and $3,800 and this be our one and only Simple Rally in Phase B before we begin taking it up first week of June, 2019 in anticipation of our Lite-Coin Block Halving. When we take it up, it goes all the way to the 78.6% FIB @ $7,800 and we fall back down to find support around $4,500 to begin a HIGHER trading range.
Possibility #3: We may go a little bit more above $5,080 to around $5,250 on Stamp before falling back down to test support between $3,500 and $3,800 and go back up one more time with a second simple rally around the 50% FIB to then fall back down to around $4,200 where we begin our wyckoff spring the third week of September, 2019. It would not actually begin going up hard until late October, 2019.
I'm about to eat a late dinner. I will follow up with another video with more focus on the indicators.
Stay Awesome!
; )
Comment:
The Margin LONG contracts on BitFinex are steadily climbing and far surpassing the number of SHORT contracts. I'm about to do another video publication with more focus on the indicators.
