Hi Everyone! Simply providing a heads up for what can very likely occur for the Near Term. The contents in the video speaks for itself.
Hi Everyone! After reading a few comments in one of my publications, I decided to provide more CLARIFICATION what we need to see within the indicators for the price action to fall to the Yellow B-Band Basis in the 2-Day -AND- what we need to see to AVOID falling down to the Yellow B-Band Basis in the 2-Day Time Frame.
Hi Everyone! We had the Red RSI "close" WHILE making contact with the Green Line in the 9-Day TF on January 10,2021. We had the Red RSI "close" WHILE making contact with the Green Line in the 12-Day TF on January 13, 2021. The Red RSI is currently making contact with the Green Line in the 2-Week Time Frame. If the Red RSI in the 2-Week Time Frame can manage to...
Hi Everyone! Simply wanted to provide a brief overview of lower time frames. Hope I'm not spamming you too much with multiple publications for a single asset (LINKUSDT). Happy Trading and Stay Awesome! David
Hi Everyone! Simply providing more casual discussion of lower time frames. Again, hope I'm not spamming you too much with these publications. If so, my apologies... However, I know some would appreciate seeing and hearing this. There is still quite a bit more I could have elaborated on in these lower time frames to help one understand what they would need to do...
Hi Everyone! Simply pointing out it's looking POSSIBLE for ADAUSD to avoid a drop to the Yellow B-Band Basis in the 2-Day TF. Is it still possible to push it to the Yellow B-Band Basis in the 2-Day to act as a Shakeout just before going up HARD? Sure, that's possible... We'll continue to keep an eye on the Green being higher than the Energy in the lower time...
Hi Everyone! Yes, I have given you another gold nugget today. There are many more where that one came from... ; ) Simply pointing out what has to occur to AVOID falling down to the Yellow B-Band BASIS in the 2-Day Time Frame.
Needed to get this out there fast... Price action is at risk of falling down to B-Band Basis in the 2-Day time frame if the Green Line does not get higher than the Energy RATHER QUICK LIKE in the 45m, 90m, 3h and 6h. Other wise, the Red RSI in the NEXT Daily candle will hit level 50; increasing the risk of the price action falling to the White/Aqua LOWER B-Bands...
Hi Everyone! I'll provide another update shortly after my return from getting my wife some of her fancy soap. In the meantime, the price action may still remain (for the most part) around the general area of the Yellow Bollinger Basis in the 24 hour (Daily) Time Frame. We will have to wait for the next one or two more 12 hour candles to see if our Green Line...
...Then Back Down Again After Ranging Down in Between the White LOWER B-Band in the 6-hour and the Orange Lower B-Band in the 6-hour.
Hi Everyone! Simply want to explain WHY we should not draw the conclusion JUST YET we are in the process of a 30 to 40 percent drop.
Hi Everyone! Simply a casual conversation about current price movement and possible future price movement for the Short to Near Term.
Hi Everyone! Simply a casual discussion about ETHUSD and the potential price movement for the short to near term. I need sleep terribly bad. I have 127 messages pending but they will have to wait till I get some proper rest. My apologies for the wait; those of you who have sent a message. I appreciate your patience. Happy Trading and Stay Awesome! David
I mentioned in this video we may see a dead cat bounce soon. It will be a dead cat bounce in my opinion and go trending up sideways before falling once again. At least that's what I'm seeing presently. This could change... If it does change, I'll try to let you know... I'm going to follow up with one more video after this.
Hi Everyone! It looks like we may find bottom around our Aqua LOWER B-Band in the 12-hour time frame and find support initially at the White Lower then leg up to find support at the B-Band Basis before taking off back up to the Aqua/Orange UPPER B-Bands.
If we fall to the Yellow Basis in the Daily (24h) Time Frame, we not see it occur for a few more days. Yet, it is possible for it to occur on the Next Daily Candle. I will provide a video update in a few hours.
Hi Everyone! Is it looking pretty strong for Bitcoin to continue stair stepping down? Sure... Especially, with the Red RSI in the 6 hour currently at level 50. HOWEVER, we must remember downward pressure does NOT mean the price action must continue falling significantly. It's possible to range sideways AFTER a drop during the remaining downward pressure. Just...
Hi Everyone! Simply wanted to explain the dilemma I'm in and WHY I REFUSE to provide buy and/or sell signals on TradingView at present. I have spent the past several months SLOWLY providing and EMPHASIZING different RULES for my indicators and REQUIREMENTS for them in an effort to show WHAT IS POSSIBLE if you KNOW what you are doing with the indicators. I have...