...reached the 20% on the indicator and below it now at 17.13% with dots indicating pressure is building . More charts to follow shortly.
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The published chart is 4h. The next one here is 196m TF (close to 2h):
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154m TF:
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116m TF:
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In this 77m TF I'm showing where the red line was approaching the LEFT side of a white line that was coming up to it.
REMEMEBER, when the red line enters into the left side of a white line MOVING UPWARD, we can expect the price to reflect an UPWARD MOVE. I marked this with purple vertical time line.
REMEMEBER, when the red line enters into the left side of a white line MOVING UPWARD, we can expect the price to reflect an UPWARD MOVE. I marked this with purple vertical time line.
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I went ahead and marked the other move UP with a vertical purple time line.
Again NOTE: the white line was coming up to meet the red line and WHEN the red line ENTERS INTO THE LEFT SIDE of a white line that is moving upward, the price movement will be UPWARD.
Again NOTE: the white line was coming up to meet the red line and WHEN the red line ENTERS INTO THE LEFT SIDE of a white line that is moving upward, the price movement will be UPWARD.
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I've shown in the 42m TF WHERE one should have SOLD when the red line was EXITING OUT THE RIGHT SIDE OF A WHITE LINE THAT WAS COMING DOWN.
That is marked by a BLUE vertical time line.
That is marked by a BLUE vertical time line.
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The 21m TF shows we are only having a LOT of sideways SWING trading currently. That's about it. That's probably also the reason for the dots (pressure) in the higher TF's.
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You saw the 77m TF posted about an hour ago. Here's what it looks like now so you can compare the two. It's definitely trying to reverse here. Which see:
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18h TF shows white line coming up to meet the red line. This would mean the red line is about to enter the LEFT side of a white line moving UP side. Which indicates the move is UP SIDE.
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Remind you... That is a LONG TERM TF of 18 hours.
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18 hours for each candle for new ones to trading.
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Continued upside for a while with ZEC in the making. Will be confirmed by end of day.
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red line has entered into left side of white line moving up in the 18h TF
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12h TF confirms it even more: