WyckoffMode

LINKUSD: Brief Setback Underway Before Continuing to $38 to $40.

BINANCE:LINKUSDT   ChainLink / TetherUS
Hi everyone! Simply providing an update to point out we are in a period of temporary downward pressure that could potentially push us back down to $17. xx to $18. xx price range before resuming our upward pressure we still see in the 6-Day, 9-Day and 12-Day time frames.
Comment: UPDATE:

At one point in the video; I said the price action could fall down to the "White Lower" in the 12 hour time frame. That was ACTUALLY THE WHITE "UPPER" B-Band..

Comments

Thanks David for the great analysis! I understand you analyze by what the indicators on multiple time frames tell you at any certain moment, but I'm wondering if BTC dumps to 26K area, could that cause a deeper pullback in Link below in the 15-16 range?
+10 Reply
Such a brilliant service that you provide to the community!! Thank you!

Looking forward to supporting your new platform. 🙏👍✨
+3 Reply
Hey David, thanks for what you do. Quick question about your process... What if you just uploaded live market data into excel, put equations for your indicators in and created probabilities based off your rules, such as green line being greater white energy then, etc? You need multiple time frames for your indicators to work so it'd be quite complex, but you'd also create a gradient between all the timeframes and be far more precise. I am waiting for your class on your indicators to try something like this myself. Stay awesome
+3 Reply
Good work as usual! One question though, how did u build the Fib bands? if theres a video anyone could link that'd be much appreciated
+2 Reply
@Loz-,

It's a script a friend of mind built for me with multiple B-Bands set with the following standard deviations:

White B-Band 1.0 (Upper) and -1.0 (Lower) Std. Dev.

Aqua B-Band 1.618 (Upper) and -1.618 (Lower) Std. Dev.

Orange B-Band 2.618 (Upper) and -2.618 (Lower) Std. Dev.

Red B-Band 3.618 (Upper and -3.618 (Lower) Std. Dev.
+6 Reply
Loz- WyckoffMode
@WyckoffMode, Legend thanks!
+2 Reply
Good Day David and community! Everything has played out exactly as the charts have shown us. That you for the analysis
+1 Reply
WyckoffMode Ryan_ONeill_Zn
@Ryan_ONeill_Zn,

Good Day... ; )

You're very welcome1

Thank you for your support, Mate!

Stay Awesome!

; )
Reply
LINK is just a no brainer. It's potential is so much greater than you expected
+1 Reply
WyckoffMode jorvenlohjorven
@jorvenlohjorven,

Hmmmm, What did I expect for March/April for LINKUSDT?

"LINKUSD: Brief Setback Underway Before Continuing to $38 to $40."


What are my expectations for year end?

"LINKUSDT: $415 to $745 Range Quite Easily by End of 2021." (Could go to $1,335)
Reply
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