LINKUSDT: Still Downward Pressure Till January is Likely

Hi Everyone! Worst case scenario is a drop to approximately $9.00 before we see a reversal to sustained upward pressure. Yes, we are currently experiencing downward pressure and likely will not see confirmation of reversal to sustained upward pressure until the White Energy in the 4-Day "closes" ABOVE level 50 BEFORE the Red RSI in the 8-Day "crosses" BELOW level 50. Let's not assume the price action must come down significantly just because we are experiencing downward pressure. However, if you are Day Trading with margin trades using LOW LEVERAGE in the Short Term GROUP of time frames (90m, 3h, 6h & 12h), you want to focus more on when we see reversal back and forth with our pressure rather than focusing on a price target. There is no guarantee your presumed price target will be reached. The pressure might reverse in that lower time frame before your target is reached. The price action MIGHT over extend beyond your target before pressure reverses as you swing trade in Short Term GROUP of time frames. I want to encourage practicing creating targets with Fibonacci and Bollinger Bands but do NOT allow yourself to make a flat statement and say, we WILL go to my target. NO... We may NOT go to our target or over extend your target. The FOCUS should be what direction the pressure is currently running and NOT on a pre-conceived price target.

Happy Trading and Stay Awesome!

David

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Hi Everyone,

I had 34 messages to reply to day before yesterday... 52 messages to reply to yesterday and I currently have 21 new messages to reply to. I realize the majority of these messages are requests for access to my indicators. I will reply to those messages as soon as I possibly can.

It took two hours to reply to the 52 messages I had yesterday and approximately 1.5 hours the day before yesterday. The reason I'm bringing this up is to make the following announcement:

I will have to avoid providing updates as often as I have lately to get serious with completing a couple of very important projects. One of which involves another platform. Sorry, but it has to be this way TEMPORARILY so I can get that project marked off my list of projects. It's at the top of my list... This means I may provide updates maybe once or twice a week -OR- when I see a DEFINITE need to provide an update.

There are many followers who will be glad I buckled down and completed this project. Does this mean I will ignore request in my personal messages for access to my indicators? No... I will get around to responding to those personal messages each day when I can.

I'm sorry I have to do this but progress on that project is not coming along fast enough to my liking. Especially, since my business and personal 4th Quarter and annual federal and state taxes are just around the corner as well. I want to TRY to get my main project completed before I have to focus on federal and state business taxes for my business and personal. I want to TRY to get my business and personal taxes completed earlier this year so I can have complete focus on the operations of my soon to be completed project.

I hope everyone can understand... If not, you will understand in due time.

Thank you to those who have shown their continued support! I will be back CONSISTENTLY in due time as soon as I get this MAIN project completed and taxes completed after the holidays.

REMINDER: This does NOT mean I will not be posting anything at all for a while. This simply means I will not be posting updates very often. Mainly when I feel it's necessary to do so.

Happy Trading and Stay Awesome!

David

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A look without the B-Bands

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We may have just completed a 44.5% pullback

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Simply posting the chart again for future reference...

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15 minutes remains in the current 6 hour candle. We will likely see the Green Line turn up and the Red RSI making contact with the Green WHILE the Green is going up during the next 6 hour candle.

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We have a NEW 6-hour candle... The Green has not going up a whole lot yet. We may have to wait a while for our "confirmation" of reversal to sustained upward pressure when we see the Green Line higher than the White Energy in the 3-hour, 6-hour, 12-hour and 24-hour. That's not a bad time to consider a low leverage margin long once that "confirmation" is provided.