BTCUSD: Increasing Odds of Downward Pressure Remaining a While
Hi Everyone! I've been outside getting sunlight; listening and watching birds and looking at charts a bit while sitting here. Beautiful day even though it is a little cool (58 degrees F). I need to get some much needed sleep but I wanted to get some sunlight before going to sleep. Otherwise, I would wake up at dark and miss the sunlight again. Enough rambling... lol
Do realize we must consider we are in downward pressure due to what we are seeing currently in the 2-Day time frame.
2-Day Gray Text Bubble:
If the Green continues down the next 2-Day candle, we could see expansion of the
B-Bands and price action going DOWN with this expansion. Potentially down to
within "proximity" of the Orange LOWER B-Band; currently at $40,7xx.
2-Day Blue Text Bubble:
Blue LSMA in the 2-Day has "Dug itself a hole." Meaning, the White LOWER Band
has increased odds of acting as RESISTANCE for a while.
5-Day Time Frame:
TEXT BUBBLES FOR TRANSLATION:
The Blue LSMA falling below Level 56 with the Red RSI below Level 50
increases the odds of the price action trending inside the White/Aqua
LOWER Bands in this 5-Day time frame. This also increases odds for
expansion of the B-Bands and the price action to over extend below
the Aqua LOWER B-Band.
The B-Bands are already quite wide. If we were to get a LOT of expansion,
this could send us into ANOTHER period of RE-Distribution followed by
RE-Accumulation in a Long Term Accumulation Schematic. If this ends
up being the case, this will mean we will have broke the 4-Year Cycle and
could see different market structure in the many months and years following.
First Things First... We need to see RE-Distribution followed by RE-Accumulation;
similar to what we saw previously from months of May, 2021 to August, 2021.
Do realize we must consider we are in downward pressure due to what we are seeing currently in the 2-Day time frame.
If the Green continues down the next 2-Day candle, we could see expansion of the
B-Bands and price action going DOWN with this expansion. Potentially down to
within "proximity" of the Orange LOWER B-Band; currently at $40,7xx.
2-Day Blue Text Bubble:
Blue LSMA in the 2-Day has "Dug itself a hole." Meaning, the White LOWER Band
has increased odds of acting as RESISTANCE for a while.
5-Day Time Frame:
The Blue LSMA falling below Level 56 with the Red RSI below Level 50
increases the odds of the price action trending inside the White/Aqua
LOWER Bands in this 5-Day time frame. This also increases odds for
expansion of the B-Bands and the price action to over extend below
the Aqua LOWER B-Band.
The B-Bands are already quite wide. If we were to get a LOT of expansion,
this could send us into ANOTHER period of RE-Distribution followed by
RE-Accumulation in a Long Term Accumulation Schematic. If this ends
up being the case, this will mean we will have broke the 4-Year Cycle and
could see different market structure in the many months and years following.
First Things First... We need to see RE-Distribution followed by RE-Accumulation;
similar to what we saw previously from months of May, 2021 to August, 2021.
Комментарий:
UPDATE:
As mentioned in the Gray Text Bubble in the 9-Day... I needed to post a "Pulled Back View" of the 9-Day to see HISTORY of the White Energy. This is why I pointed out it's POSSIBLE to see the White Energy fall a bit more the next 9-Day candle; which begins 3-Days and 7-hours from this writing. So, we can say from NOW until the last Day of the next 9-Day candle the odds are rather high of continued downward pressure if the Green RSI does not rise the next 9-Day candle. This is why we monitor LOWER time frames.
Setting Up Indicators in Multi-Chart Window for Multiple Groups
As mentioned in the Gray Text Bubble in the 9-Day... I needed to post a "Pulled Back View" of the 9-Day to see HISTORY of the White Energy. This is why I pointed out it's POSSIBLE to see the White Energy fall a bit more the next 9-Day candle; which begins 3-Days and 7-hours from this writing. So, we can say from NOW until the last Day of the next 9-Day candle the odds are rather high of continued downward pressure if the Green RSI does not rise the next 9-Day candle. This is why we monitor LOWER time frames.
Setting Up Indicators in Multi-Chart Window for Multiple Groups
Комментарий:
UPDATE:
Here is a look at where the White/Aqua LOWER B-Bands in the 9-Day time frame is "plotted" inside other time frames "within" the Mid Term Group of time frames (4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week):
Here is a look at where the White/Aqua LOWER B-Bands in the 9-Day time frame is "plotted" inside other time frames "within" the Mid Term Group of time frames (4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week):
Комментарий:
UPDATE:
Here is a look at time frames within the Near Term Group (12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly):
Here is a look at time frames within the Near Term Group (12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly):
Комментарий:
UPDATE:
4-Hour and 6-Hour looking "nasty" at the moment in this Short Term Group of time frames (30-min. 60-min. 90-min. 2-hour, 3-hour, 4-hour, 6-hour and 8-hour):
4-Hour and 6-Hour looking "nasty" at the moment in this Short Term Group of time frames (30-min. 60-min. 90-min. 2-hour, 3-hour, 4-hour, 6-hour and 8-hour):
Комментарий:
UPDATE:
By the way, all "LIKES" are certainly appreciated. This really helps me out... A "lot" of TIME has been invested and will continue to be. I don't like "half-assing" things. So, this often involves more TIME.
You see the White LOWER B-Band and Aqua LOWER B-Band in the chart. You also see a PRICE COLUMN on the far right with WHITE and AQUA price points of the CURRENT LOCATION of the White and Aqua LOWER B-Bands. I even placed an oval circle within the White/Aqua LOWER B-Bands. Also used a chart tool to "populate" the other time frames in the Mid Term Group of time frames with the exact same oval circle I placed in the 9-Day time frame so you could see where it fell within the other time frames.
I teach people HOW to "fish." This way, if someone said, "You ought to buy this stock..." "You ought to buy this coin..." etc... YOU will "know" to have a look at the indicators with the knowledge YOU chose to EARN by "investing" your TIME to increase YOUR personal value. EVERYONE has value. Yes, some have more value than others. I'm simply trying to help others increase their personal VALUE.
TIME has value... I invested THOUSANDS of hours thus far into developing this method and constantly learning. ALWAYS ROOM TO LEARN...
Join the "League of Open Minds..."
Stay Awesome!
By the way, all "LIKES" are certainly appreciated. This really helps me out... A "lot" of TIME has been invested and will continue to be. I don't like "half-assing" things. So, this often involves more TIME.
You see the White LOWER B-Band and Aqua LOWER B-Band in the chart. You also see a PRICE COLUMN on the far right with WHITE and AQUA price points of the CURRENT LOCATION of the White and Aqua LOWER B-Bands. I even placed an oval circle within the White/Aqua LOWER B-Bands. Also used a chart tool to "populate" the other time frames in the Mid Term Group of time frames with the exact same oval circle I placed in the 9-Day time frame so you could see where it fell within the other time frames.
I teach people HOW to "fish." This way, if someone said, "You ought to buy this stock..." "You ought to buy this coin..." etc... YOU will "know" to have a look at the indicators with the knowledge YOU chose to EARN by "investing" your TIME to increase YOUR personal value. EVERYONE has value. Yes, some have more value than others. I'm simply trying to help others increase their personal VALUE.
TIME has value... I invested THOUSANDS of hours thus far into developing this method and constantly learning. ALWAYS ROOM TO LEARN...
Join the "League of Open Minds..."
Stay Awesome!
Комментарий:
UPDATE:
Most recent publication and i'm actually going to go to sleep now... ; )
Stay Awesome!
BTCUSD: RE-Distribution or Full Fledged Distribution?
Most recent publication and i'm actually going to go to sleep now... ; )
Stay Awesome!
BTCUSD: RE-Distribution or Full Fledged Distribution?
Комментарий:
UPDATE:
The Pressure Race to watch at present is the 5-Day White Energy "CLOSING" above Level 50 to create cause for upward pressure before the Red RSI in the 10-Day can "CLOSE" below Level 50 to create cause for downward pressure. We have a new 5-Day and 10-Day in 1-Day and 14-Hours.
The Pressure Race to watch at present is the 5-Day White Energy "CLOSING" above Level 50 to create cause for upward pressure before the Red RSI in the 10-Day can "CLOSE" below Level 50 to create cause for downward pressure. We have a new 5-Day and 10-Day in 1-Day and 14-Hours.
Комментарий:
UPDATE:
Another important note: The Red RSI -AND- the Blue LSMA "both" CLOSING below Level 50 has the potential to generate expansion of the B-Bands and the Price action may potentially go DOWN with expansion of the B-Bands. I'm not expecting a lot of expansion down in the 5-Day time frame just yet due to current levels of phoenix indicators in other time frames. However, the Red RSI falling further down the NEXT 5-Day candle will only ensure the Yellow Dotted B-Band Basis (20-MA) will act as RESISTANCE for even longer. The current price of the Yellow Dotted B-Band Basis (20-MA) is currently $54,138. The Green RSI would have to rise UP to allow the Red RSI to make contact with the Green RSI in order to avoid not being able to breakout above $54,138 for an even longer period of time. Just saying...
Another important note: The Red RSI -AND- the Blue LSMA "both" CLOSING below Level 50 has the potential to generate expansion of the B-Bands and the Price action may potentially go DOWN with expansion of the B-Bands. I'm not expecting a lot of expansion down in the 5-Day time frame just yet due to current levels of phoenix indicators in other time frames. However, the Red RSI falling further down the NEXT 5-Day candle will only ensure the Yellow Dotted B-Band Basis (20-MA) will act as RESISTANCE for even longer. The current price of the Yellow Dotted B-Band Basis (20-MA) is currently $54,138. The Green RSI would have to rise UP to allow the Red RSI to make contact with the Green RSI in order to avoid not being able to breakout above $54,138 for an even longer period of time. Just saying...
Комментарий:
UPDATE:
The 16-minute Blue LSMA has "Dug itself a hole."
16-minute in bottom right corner:
Short Term Group of time frames FAVOR "Expansion DOWN" at present. Let's see if the 90-minute and 2-hour time frame open up. What has me wondering if this MIGHT bounce back up again is due to how high the Blue LSMA is still in the 2-hour time frame. We may have to wait to see it cross below Level 50 before we begin to potentially see expansion down.
The 16-minute Blue LSMA has "Dug itself a hole."
16-minute in bottom right corner:
Short Term Group of time frames FAVOR "Expansion DOWN" at present. Let's see if the 90-minute and 2-hour time frame open up. What has me wondering if this MIGHT bounce back up again is due to how high the Blue LSMA is still in the 2-hour time frame. We may have to wait to see it cross below Level 50 before we begin to potentially see expansion down.
9-Day Time Frame:
9-Day Blue Text Bubble:
The Blue LSMA falling below Level 56 in this high of a time frame
(9-Day time frame) can increase the odds of the price action staying
below the B-Band Basis (20-MA) for a sustained period of time.
The Blue LSMA below Level 56 and the RSI below Level 50 in this
high of a time frame can increase odds of falling to the White/Aqua
LOWER B-Bands. This is why we monitor lower groups of time frames.
9-Day Red Text Bubble:
The Red RSI falling below Level 50 in this 9-Day time frame can
be "damaging" at times; if on the wrong side of the trade.
Just saying...
9-Day Green Text Bubble:
The Green RSI would need to turn up to avoid "damage" if you
were on the wrong side of the trade. This is why we monitor
lower groups of time frames.
9-Day Gray Text Bubble:
The White Energy has room to fall further. The chart in the description
below will allow you to see why I pointed this out.