I need to emphasize that just because we see potential upward pressure the next 16 to 18 hours, this does not mean the price action must go up significantly the next 16 to 20 hours. In fact, the 90 minute time frame shows sign of potential exhaustion WITHIN the next 3 to 6 hours of that 16 to 20 hours of upward pressure remaining from information gathered in the...
That 16 hour time frame for reversal to downward pressure was gathered from the 8h time frame. We will have to keep looking at higher time frames; such as the 12h and 24h; to get an idea if this reversal to downward pressure will be significant or only brief before continuing up more. What I'm seeing currently in the 12h and 24h tells me this current move up may...
Yes, we can expect upward pressure today and possibly into mid-day tomorrow before we then see a reversal to downward pressure to test support between $100 and $110.
...Downward Pressure. It's important to point out we have a MAJOR update to Cardano coming soon, called "Shelly." This is when Cardano will no longer be "centralized" and we begin "Proof of Stake" mining. I do expect Cardano/USDT to drop in similar fashion to other USDT pairs. However, I'm not expecting ADAUSDT to drop as significantly at other USDT pairs;...
The "position" is labeled "Short" for mid to long term from March 16th or 18th until approximately May 1st before we see another opportunity for a Second Simple Rally in Phase B a couple of months prior to the Litecoin Block Halving. The title intends to convey I see "potential" for upward pressure today (March 15th) and possibly into tomorrow (March 16th) in an...
This is simply a follow-up to the previous "chart" publication.
I posted in comments section of last publication that BNBUSDT appears to be in a LARGE Distribution Schematic. Have a look at comments section of that publication to see the post made on March 2nd (below). Also have a look at this link here to see an image of a Distribution Schematic in the lower right corner of this same chart: i.imgur.com I'll follow up with...
I don't anticipate ADAUSDT to fall as much as other pairs over the next 30 days. Mainly due to the upcoming Shelly update for Cardano. I believe many are accumulating for the purpose of doing some proof of stake mining. At least those who HODL will do so. You will still have those who believe they can make more trading than they could with proof of stake...
I should have posted this earlier with my BTCUSD and LTCUSDT publications. However, I just did not have the time. I'm still working on business taxes. Took a break for a moment to get this on published. I drew lines on the indicators for Godmode and Phoenix ARI in this 2-Day TF. Click "Play" on the following publication (below):
Have a look at the indicators in Godmode showing signs of exhaustion in this 3-Day TF. I will follow up later with the 4-Day, 5-Day and Weekly TF's to provide further "support" for NOW being as good a time as any to get out. I told you in the video yesterday (Linked below) I wanted to see the 3-Day and Weekly TF's tomorrow. Well, "tomorrow" is here and they...
...the Beginning of our Dump or Possibly Only a Dip Before Finally Dumping on or Around March 15th to Test Support at $3,300 to $3,500 Price Level. PLEASE ACTIVATE TRAILING STOP for those of you trading on "positions" with leverage. PLEASE ACTIVATE STOP LOSS or STOP-LIMIT for those of you holding bitcoin and looking for best possible time to sell in the hope of...
...For Another Push Upward; When Looking at the 7-Day and 6-Day Time Frame Charts. As mentioned in comments section of the previous chart publication, it's VERY IMPORTANT to setup a stop-limit on Binance if you're holding LTC and looking to sell but have not sold yet. Only you can decide what percentage is comfortable with you in regard to how low you will allow...
If you are currently in a long position or simply holding bitcoin and wondering when to sell in the hope of accumulating more at a lower price, you may consider getting out now. If you insist on staying in, PLEASE SET A STOP LOSS or TRAILING STOP to automatically sell your bitcoin and/or position. This can drop ALL OF A SUDDEN without ANY warning; as evidenced...
...See Another "Potential" Bout of Upward Pressure. Please keep in mind we may also see our "DIP" or "dump" begin on March 10th. However, the 3-Day TF shows more upward pressure to continue until on or around March 15, 2019. The Daily (24h) TF shows more upward pressure until March 10th or 11th. Which means we COULD see a decent "DIP" occur on March 10th or...
...Before We See a Chance of Reversal to Upward Pressure. Will we see that reversal to upward pressure take us to higher highs? I have a hard time seeing that unless BTCUSD goes higher.
...Pressure Continues Until on or Around March 15th; Where we Begin to Fall Back Down to Test Support Around $115.00. ETHUSDT appears more likely to continue with upward pressure till on or around March 15th than BTCUSD does. To me, this provides more support for BTCUSD in regards to it likely continuing with upward pressure until on or around March 15th. BOTH...
Simply brainstorming while waiting for new Daily Candle With Updated Indicators to provide a better idea of what's possibly going to occur. Which means I'll provide another update shortly after the creation of a new Daily Candle. I'll also provide a publication for ETHUSDT and LTCUSDT on the creation of their new Daily Candle.
...Before a Dip - OR - Before a Fall Down to Test Support @ $3,500 or Lower. I hope everyone does not mind I took this video the full 20 minutes they have allotted me. This allowed me to cover a lot in the higher time frames and down to lower time frames, such as the 6h time frame. I do see a POSSIBILITY for this to only be a "dip" on March 10th or 11th; then...