This is a SHORT TERM ANALYSIS: Price action appears like it's about to fall to the Yellow Bollinger Basis in my 12 hour chart in the Center. Which would be my Aqua/Orange Lower BB's in the 3 hour time frame on left:
Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------
Hi Everyone! I hope everyone of you are enjoying your weekend. I can tell by Private Messages I've received that I "SHOULD" have CLARIFIED (made more clear) what I intended to convey with this statement. I "SHOULD" have also notified everyone sooner to place buy orders in between the 0.618 and 0.786 FIB Level. Especially, once we were already below the 0.618...
It's hard to say if the next pullback will be a higher low or a lower low. If a lower low, we are looking at the lower boundary of my Aqua Blue Diagonal Channel. The Price Point was also mentioned in the publication. If you begin accumulating now, you may want to hold more cash in reserve for a potential pullback before the Mark-Up likely begins.
As mentioned in previous publications; We likely stair-step down most all of September and that is definitely looking to be the case. Make note of next price target in the video publication. It's getting very close to time to for LARGE INTEREST to begin accumulation in preparation for the next leg up that may begin in October. Meaning, we may not find bottom...
We still do not have "confirmation" of a reversal to sustained upward pressure just yet. I pointed out in the video how it's likely best to wait for the Green Line to get higher than the energy in the Daily WHILE ALSO waiting for the White Energy to come back up ABOVE 50 if the Green Line does manage to get higher than the Energy in the Daily Time Frame.
It appears we continue with downward pressure at least till around mid September. Could continue longer but we won't consider crossing that bridge until we get closer to that bride. I'm leaving this publication labeled "Neutral" do to the possibility of sideways at best with the price action or more downward at worst. Depends on what time frames a follower is...
As pointed out in this video, we currently have a race between the White Energy in the 24h and the Red RSI in the 2-Day Time Frame. It appears the Red RSI in the 2-Day will likely win this race. Which means we will likely transition to a race between the White Energy in the 2-Day and the Red RSI in the 4-Day soon. This means we are still experiencing downward...
The month of September {The year prior to the historical exponential bull year of Bitcoin} is TYPICALLY a bearish September. The reason for this is for Bitcoin Maximalist to accumulate more Bitcoin via Altcoin/ BTC pairs (as explained in the video). The Red RSI has made contact with the Green Line WHILE the Green Line is going down in the 9-Day Time Frame. This is...
The month of September {The year prior to the historical exponential bull year of Bitcoin} is TYPICALLY a bearish September. The reason for this is for Bitcoin Maximalist to accumulate more Bitcoin via Altcoin/BTC pairs (as explained in the video). The Red RSI has made contact with the Green Line WHILE the Green Line is going down in the 9-Day Time Frame. This...
As pointed out in the previous publication, we are "stair stepping down." I had one troll who stated the following in the previous publication, "LMAO. Guy says LINK going down and it rockets to $16. Easiest way to make money is countertrading this guy." I "IMPLORE" you NOT to draw conclusions based on the title of my publications. You would have much more to...
We may hang out at current price level for a little while to lull in margin longs before putting on the squeeze of those longs by falling once again. The White Energy in the Weekly and the 9-Day Time Frames is about to cross BELOW the 50% level; resulting in more downward price action in my opinion.
In other words, I believe we are simply stair stepping down over the remainder of August and at least the first half of September. Yes, I could be wrong... I'm simply sharing my opinion. Could my opinion change if I see a major change in the indicators? Sure... If I see something change in the future, I'll bring it to your attention. Stay Awesome! David
Keep in mind the 3-Day Candle beginning August 13th has THREE (3) DAYS (13th, 14th and 15th). So, we could potentially see upward pressure continue to some time between the 13th and 15th of August before a major pullback.
As mentioned in previous two (2) publications; "DOWNWARD PRESSURE CONTINUES" and we may not see reversal to upward pressure until next week. Well, next week is here and it's looking like this downward pressure may likely continue until the weekend of this week (Saturday or Sunday).
✅In this video, we talked about Bitcoin, SPX and LINK. I see a great potential in this short trade. My 3 reasons are 1) Too far too fast 2) TD 13 on Daily and Weekly Sell Signal 3) Megalodon Institutional Investor Strong Sell Signal 4) 60 minute price location breakout level 5) Good risk reward 6) Coronavirus shotdown in states 7) Stock market TD9 Top 8) Bitcoin...
You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my...