BTCUSD - Look at Lower Time Frames... Won't Be Long Folks... ; )
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Appears we are gearing up for a substantial move to the upside. Especially, if one makes note of the White Energy, Green Line and Red RSI in the 9-Day and 12-Day Time Frames. When looking at these lower time frames, it appears downward pressure may continue until last week of July. Seriously consider dollar cost averaging to accumulate bitcoin if you have not done so already. This is my opinion of course. I'm labeling this a LONG position because of what I'm seeing in the 9-Day and 12-Day time frames. REMINDER: We are CURRENTLY experiencing downward pressure. Which is WHY I'm saying NOW would be a good time to CONSIDER accumulating Bitcoin using the dollar cost averaging technique before we likely begin going up significantly the last week of July or first week of August.
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CURRENTLY HAVE A BTCUSD PUBLICATION UPLOADING... Will be posted within 10 minutes.
INFORMATION ON UPCOMING WEBSITE: https://bitcointalk.org/index.php?topic=5140701.msg55678207#msg55678207
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Referral Link: https://www.tradingview.com/gopro/?share_your_love=WyckoffMode
NOTICE: https://twitter.com/ModeWyckoff/status/1349721757008224257
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Thanks for sharing!
Given the 20k ATH, the 14k high, and the recent downward channel, BTC still has many key resistances layered between 9.4k - 10k. These will take time to break, and before these resistances are broken, our bias remains on the short side.
Check out our short-term perspective. What do you think?
Given the 20k ATH, the 14k high, and the recent downward channel, BTC still has many key resistances layered between 9.4k - 10k. These will take time to break, and before these resistances are broken, our bias remains on the short side.
Check out our short-term perspective. What do you think?
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@Phi-Deltalytics,
Thanks for sharing your opinion with the community, Phi-Deltalytics.
Stay Awesome, Mate!
Thanks for sharing your opinion with the community, Phi-Deltalytics.
Stay Awesome, Mate!
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David, thanks for the update! As always, great to hear your thoughts and meticulous analysis. I know you are super busy with all the projects, but wondering if you have had a chance recently to take a look at LTC/USD? On a weekly time frame, it's trying to break out of a large triangle and I'm curious if you've had a chance to look at it. Anyways, thanks a lot for sharing your thoughts and all the best with the website! Looking forward to subscribing to it.
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