WyckoffMode

Not Out of the Woods Yet Until Next 12-Day Candle for Reversal

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
We may not see reversal to SIGNIFICANT upward pressure until some time between October 7th and October 9th. I'll provide another update around October 3rd or 4th. Might provide another update sooner if something significant were to occur in the price action.

Happy Trading Everyone!

David
Comment:
Bossindicators (In comments section below) had a good publication with estimate of $8,600 to $8,900 on this current leg up.

The BB (Bollinger Band) Median (Basis) suggests this:


The 12 TF suggests more upward pressure to continue; which see:

Comment:
6h TF:

Comment:
3h TF:

Comment:
A look at the Daily (24h) and I'm getting a bite to eat. ; )

Comment:
ALERT... ALERT... ALERT...

REVERSAL IS IN THE BAG THIS WEEK...

I WILL COVER WHETHER OR NOT WE HAVE ALREADY SEEN BOTTOM WITH A NEW VIDEO WITHIN THE NEXT HOUR OR TWO...

Comment:
Look at the WHITE Vertical time lines for July, 2013 and Present Day... That's the hint. I'll cover it with a video to explain WHY THIS WEEK IS IT and we are heading onward and upward.

; )
Comment:
What I mean by "Reversal is in the bag this week" is THIS WEEK will be the last week we witness Downward Pressure in control. It will be OBVIOUS upward pressure is in control next week.
Comment:
BTCUSD - NEW VIDEO Publication posted 2 minutes ago. "ALERT - REVERSAL IN THE BAG NO LATER THAN OCT. 6th OR 7th."

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.