...from the higher TF's like the 2h (120m) and 8h (480m). Be ready traders... Be ready....
Could I be wrong? Of course....
Just as I have said in a previous publication on ZECUSDT, "Whales can drop it on a whim if they choose to do so."
Happy Trading,
David
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It's "possible" they may want to keep it inside of a "local" wedge I'm seeing on the 20m TF until tomorrow. Quite possible. Whether it's today or tomorrow, I believe the next move is "UP."
Have a look at the "local" wedge I drew in blue on the 20m TF:
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It's odd to have so many views with so few "likes."
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New followers,
If you want an invite to the chat room, send me a PM.
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Potential "W" formation on the 15m TF:
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A simple update on progress in the 15m TF once again:
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Currently looking like another "potential" dip before heading up.
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Another update looking at the 10m, 30m and 60m TF's for the potential drop coming:
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Looks like a drop here is very probable. My opinion...
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No one is right 100% of the time... no one... Unfortunately
Yeah, I missed that one.
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WLinvestment
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Thanks! Do you have targets for the potential drop?
WyckoffMode
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@JConnelly, I'm thinking $250. I'm in wait and see mode here. I'm waiting for signal to see if they are making a wedge (not below $250) or a decent size consolidation to $245 or $248.
WyckoffMode
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@JConnelly, A wedge means lower highs and higher lows are being formed.
WLinvestment
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@ProwdClown, Thanks! That fits perfectly with my expectation of a bottom channel support + horizontal support
@ProwdClown, We'll find out soon at this rate :p. I've got about 249.50~, but crypto's aren't *that* precise
WLinvestment
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@JConnelly, Also a Kraken chart so a bit of play there
WyckoffMode
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@JConnelly, I mentioned earlier in my private chat room we may only go to $252 on COinbase; in which case it would confirm a wedge in the making for sure. This appears to be the case.