WyckoffMode

WyckoffMode Updated 

Read the text bubbles... I'll follow up with a video publication later on in the wee hours of the morning Central Time in the U.S. Happy Trading and Stay Awesome! David

19:14

WyckoffMode Updated 

The reason I'm saying we likely have a pull-back this weekend is because the White Energy in the Daily (24h) will come down to hit the 50% level BEFORE the Red RSI in the 2-Day TF can "CLOSE" at or above 56 percent. However, I'm anticipating a SHALLOW DIP instead of a deep drop. WHY? Because I'm expecting the Red RSI in the 2-Day to make it ABOVE 56 percent...

07:11

WyckoffMode Updated 

The $0.042 price point was determined by the upper boundary of the Bollinger Band in the Daily (24h) Time Frame. Below, is a screenshot of the 3h, 12h and 24h time frames. The White Energy in the 3h is nearing exhaustion (as pointed out in the video). So, we have a high chance of continue out sideways within a relatively tight trading range for now before...

08:40

WyckoffMode Updated 

I've explained best I could in the video how we could potentially go up just a bit more before a likely pull-back.

10:25

WyckoffMode Updated 

This video will be included in the comments section of Phoenix 1.119 "Invite-Only Script." Phoenix 1.119 will be posted within the next hour.

06:41

WyckoffMode Updated 

This EDUCATIONAL VIDEO will be in comments section of an "Invite-Only Script."

06:04

WyckoffMode Updated 

This is simply a STUDY to see if Caution Dots can be useful when performing our technical analysis. More updates to follow to see "IF" Caution Dots are useful.

08:10

WyckoffMode Updated 

We will have to pay close attention to the White Energy in the 6h and the Red RSI in the 12h over the next 6 hours to see if upward pressure will continue for another day or two. This is explained in the video.

19:18

WyckoffMode Updated 

REMEMBER: Since the Red RSI in the 12h TF has CLOSED at or above 56%, we know we do not stand a chance of a decent drop until the White Energy in the 12h TF hits the 50% level. However, it does not mean we will have a decent drop when the White Energy in the 12h hits the 50% level. WHY? Because we will need to see where the Red RSI is located in the 24h at the...

10:58

WyckoffMode Updated 

Cardano (ADAUSD) is in a similar situation as BTCUSD when looking at the indicators. Just as it is hard for me to see a lower low on a pull-back in BTCUSD; it's also hard for me to see a lower low on a pull-back for ADAUSD.

WyckoffMode Updated 

I'll provide a video publication as a follow-up to this chart publication soon. I'm about to get back to work on my new office. I still believe the time for accumulation was between the $4,975.60 and $6,149.32 price range as previously pointed out in the following publication:

19:36

WyckoffMode Updated 

Hi Time Frames show continued downward pressure till the Weekly, 2-Week, 3-Week, 4-Week and 6-Week candles beginning on March 30, 2020. It's very possible the bottom is already in the bag and we are slowly beginning to see a reversal to upward pressure. I pointed out a potential for reversal to upward pressure likely in the making if one were to pay close...

14:22

WyckoffMode

... a Chance of Reversal Being Confirmed." As my TITLE dictates, "We NEED the Red RSI in the 12h and 24h time frames to make it to and above the 56 percent level in order for us to have a chance of CONFIRMING we are likely in the beginning stage of a SUSTAINED reversal to upward pressure. Once the Red RSI in the 12h and 24h get to and above 56 percent, we then...

11:12

WyckoffMode Updated 

This is simply to point out we COULD potentially WICK down to the 0.5 PRIMARY FIB at $4,975.60 in similar fashion to what we did in 2015.

WyckoffMode Updated 

If the Phoenix Ari CLOSES below the 80 percent level in the 2-Month TF, this likely continues falling. Which means we will make the transition from Phase C into Phase D of a Wyckoff Distribution Schematic as shown in the following image in the following link: i.imgur.com

14:29

WyckoffMode Updated 

Our Main focus for now is the White Energy in the 4-Day until the Red RSI in the 5-Day CLOSES at or below 44%. We will also pay close attention to the indicators in the 2-Day Time Frame. I will explain that in another video later this afternoon or this evening. I need to finish up my corporate taxes today to give to my accountant. IMPORTANT: When you have buy...

20:00

WyckoffMode Updated 

This is a look of higher time frames with the 2-Month Time Frame being our highest evaluated time frame. Unfortunately, the amount of time I had to cover all of the high time frames was cut short at the 12-Day TF. I'll have to post comments of the 9-Day, Weekly and 6-Day time frames when I have a chance. I'm currently working on taxes. So, I will post them the...

12:32

WyckoffMode

It's my opinion the time to take that managed risk is when the White Energy in the 12h TF crosses above the 50% level. If your stop is triggered, you kept your loss small and you simply look for the next opportunity to show itself again.