WyckoffMode

BTC: May Still Have Some Energy Behind This Move Up

WyckoffMode Обновлено   
BITSTAMP:BTCUSD   Биткоин
Hi Everyone! I should not have used the Yellow B-Band Basis in the 2-Day with it's B-Bands contracted the way they were; in regard to a "ceiling of resistance" at $20,000. The B-Bands in the 2-Week would have been the correct choice; in regard to ceiling of resistance at $22,490. Yes, we can still continue higher up to a range between $21,840 and $22,490 during this period of upward pressure. The Red Line in the 3-Day crossed above level 50; triggering upward pressure; which lasts until the white energy comes back down to level 50. Well, the White Energy in the 3-Day still has a lot of room to fall down to level 50. So, yes, it's possible to continue higher up to $21,840 to $22,490 price range.

Happy Trading and Stay Awesome!

David
Комментарий:
UPDATE:

I'll create an update video or LIVE stream today or this evening; potentially after the new Daily candle begins.


Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.