ETHUSDT: Potential Exponential Move Up to begin Next 9-D Candle

Long

Ethereum (POLONIEX:ETHUSD)

Updated

POLONIEX:ETHUSD Ethereum

Hi Everyone! Appears we have an excellent chance for a significant move to BEGIN the "next" 9-Day candle; which begins in 8-Days and 9-hours. In order for upward pressure to continue for the NEAR Term, we need the Red RSI in the 4-Day to close above Level 50 to trigger upward pressure BEFORE the White Energy in the 2-Day can come down below Level 50 to trigger downward pressure. If you want to determine the likelihood of that occurring AS IT PLAYS OUT, you can monitor the Short Term Group of time frames to see if this will come to pass.

I'm labeling this a "Long" position for what we see in the Near, Mid and Long Term Group of time frames; PROVIDING we can get the Red RSI -AND- the Blue LSMA to "both" get ABOVE Level 50 in the 2-Day, 3-Day and 4-Day time frames along with the other time frames in the Near Term GROUP of time frames.

Happy Trading and Stay Awesome!

David

Comment:

UPDATE:

Here is what I've been up to while I've been away...

OFFICE REMODEL:

I first got everything out of my office. I gave my son my glass desk and we both built him a PC to play games on.

Here is my PC I built to push a 4K signal into twelve (12) 55 inch 4K televisions simultaneously. This was “bare bones” (No cover panels… Only the frame… I installed 3.5 inch HDD’s in the HDD bays afterward. This PC has an EVGA X299 Dark motherboard with an 18-Core processor, 128GB of RAM, 2TB M.2 NVMe SSD as its system drive and 12TB RAID 10 setup with 3.5” HDD’s. Also have three (3) NVIDIA RTX A6000 48GB graphics cards. Each RTX A6000 can push four (4) 4K signals simultaneously.

Here is the second PC I built for my LIVE Streaming Station. It also has an EVGA X299 Dark motherboard with an 8-Core processor and 64GB of RAM with 512GB M.2 NVMe SSD and two (2) EVGA GTX 1080 Ti 11GB Kingpin graphics cards in SLI mode. I made a space specifically for it to be mounted under the countertop at the LIVE Streaming Station.

Those of you who have seen photos of my office before KNOW this is a HUGE change from what it was previously. I actually built another wall with a short hallway. I also put shiplap on a couple of walls; as well as some decorative panels on the bottom (below the shiplap). I created 41 feet of counter space in this office. Phase One of this office remodel will be completed today. I begin creating educational content tomorrow (Friday). Please don’t mind the mess. It will be clean very soon…

I also added a new ceiling fan earlier today:

Comment:

UPDATE:

If you are new and wondering what indicators I'm using, they are mine and can be added to your charts by following the instructions in the video below...

Setting Up Indicators in Multi-Chart Window for Multiple Groups

Setting Up Indicators in Multi-Chart Window for Multiple Groups

17:08

Comment:

Comment:

UPDATE:

By the way, today is the first day for me to begin creating educational content. I'm sure I will be quite busy the next 7 to 10 days working on this content. However, I'll try to keep followers informed on the four (4) coins I posted (BTCUSD, ADAUSD, ETHUSD and LTCUSD). Unfortunately, I do not have the time at present to add more to my list. Which is all the more reason to setup the indicators I made public and learn all you can while you can to practice your own TA on the coins you prefer to trade.

Happy Trading and Stay Awesome!

David

Comment:

UPDATE:

I'll provide updates for BTCUSD, ADAUSD, ETHUSD and LTCUSD over the course of today...

I've been quite busy LEARNING how to use my Sony Alpha a6400, OBS, Elgato Stream Deck and sinking it with OBS. I had an average of about 5 to 5.5 hours sleep over the past three days while LEARNING. However, I caught up and got 10 hours sleep last night.

Happy Trading and Stay Awesome!

David

Comment:

UPDATE:

I'm going to fix something to eat then work on a video publication for ethusd afterwards.

Here's the "new" ETHUSD Wyckoff Method 2.0 Long Term Accumulation Chart:

Related Ideas

about ETHUSD 16

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