WyckoffMode

Hi You Johnny Ringo's (Haters)... I'm Your Huckleberry! ; )

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
Yes, you Johnny Ringo's (Haters)... I'm your Huckleberry! ; ) www.youtube.com/watch?v=plD1MbOG...

24h Time Frame (Left) and April, 2019 24h TF (Right) as an example:

Present Day 2-Day Time Frame (Left) and 29 Apr '19 2-Day Time Frame (Right) as an example:

More to come...

In the mean time... If you have not had a look at the multiple charts with explanations in the updates to the following publication, you may want to check them out.
"The Awakening 2020" - Act Two: Pull Back Soon in 3h Stoch. RSI
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DISCLAIMER:

If you are using my analysis for margin trading, do so at your own risk! My analysis has mainly focused on the following GROUPS of Time Frames:

Near Term Group: (24h, 2-Day, 3-Day & 4-Day)
Mid Term Group: (3-Day, 6-Day, 9-Day & 12-Day)
Long Term Group: (1-Week, 2-Week, 3-Week & 4-Week)

On occasions I will include the Short Term Group (3h, 6h, 9h & 12h). The Short Term Group is NOT monitored by myself constantly to provide signals based on the Short Term Group of Time Frames. The Short Term Time Frames are often used for the purpose of MARGIN TRADING in conjunction with the Near Term Group of Time Frames. As I have said before, I am SUPER BUSY with many things at present; preventing me from providing constant monitoring and updates for Short Term Time Frames.

When my website goes LIVE, I will put forth a concerted effort to provide updates and signals for the Short Term Time Frames for the purpose of Margin Trading. I'm currently working on content for my website; which is also keeping me away from margin trading currently. When my website goes LIVE, we will have LIVE sessions with premium subscribers in which margin trading Short Term Time Frames will often be covered. We will also discuss how we would TRY to STACK margin trades over the course of a MID TERM bull or bear trend using the Near Term and Short Term Time Frames.

So, please be patient while my staff and I work hard to provide great content on a great platform to provide great service.

Stay Awesome!

David
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A look at the 8h TF... It's POSSIBLE we have a brief period of downward pressure before resuming upward pressure for a sustained period of time. Dollar Cost Averaging may be best strategy...

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REMEMBER: We MAY have to wait one more 24h Candle to confirm. We want the Red RSI to make contact with the Green Line WHILE the Green Line is going up; indicating upward pressure. Then usually the next candle the White Energy will cross above the 50% level. Since the White Energy is CURRENTLY at 21% and rising, I do NOT see the White Energy crossing above the 50% level the next candle. WHICH IS WHY we may have to wait till the NEXT 24h Candle for the the Red RSI to CONFIRM it has made contact with the Green Line WHILE the Green Line is going up. That confirmation is made when we have a 24 hour candle CLOSE with that contact being made between the Red RSI and the Green Line.

IN SHORT: The White Energy is still to low at the moment to cross above the 50% level the next 24 hour candle. So, we should expect the Red RSI in the next 24h Candle to CLOSE with contact being made between the Red RSI and Green Line WHILE the Green Line is going up. The White Energy should be higher by the next candle to set it up for crossing above the 50% level the next 24 hour candle after that. Hope this makes sense...

So, don't be surprised if we do have a brief period of downward pressure continuing while we setup the White Energy in the 24 hour time frame. I recommend dollar cost averaging for accumulating in the meantime.

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I'm going to work on a video to explain what I've referred to in my chart updates here. I'm going to make a pot of coffee first. BE ADVISED: We may have a dip approaching to accumulate with Dollar Cost Averaging technique. Here's the 45 Minute TF seeing potential for nearing exhaustion soon.

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BTCUSD - "Explanation WHY Upward Pressure May 25th or 26th Using Daily TF."
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The Weekly Time Frame to show you what I'm looking for on the next Weekly Candle in less than 14 hours:
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Update using the 90 Minute Time Frame:
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When downward pressure is about to occur in ANY time frame, it can be difficult some times to know for sure how the price action will react to that up coming downward pressure. If you note in the 90 Minute TF chart just posted, the Green Line is currently angled downward. Will it CLOSE still angled downward? Hard to say just yet unless we had a look at lower time frames and a little higher time frames. I just wanted to point out a BRIEF period of downward pressure could be approaching soon.
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As you see... The dip began THAT 90 minute candle. I still believe this is a "Lull & Squeeze" Operation for those who wish to open short positions. BE SUPER CAREFUL...

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"Cardano is Giving us a CLUE of What Bitcoin is About to do."
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A look at the current movement of the Green Line in the Daily (24h) Time Frame Present Day (Left).

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Comparing PRESENT DAY with example from April, 2019 using 24 hour time frame: I drew lines this time to show what I mean.

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My bad... I forgot to squeeze down the PRESENT DAY chart to fit inside like I did the April, 2019 chart on the right. Corrected this time:


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Update using the 90 Minute Time Frame:
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4 hours 40 minutes remaining in the current 12 hour candle. The next 12 hour candle may be the BEGINNING of a turning point.

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Forgot to include the Phoenix TSi Short Cycle/Long Cycle to present day chart on the left:

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Not that this is important but simply letting you see the 90 minute present day looks nothing like the 90 minute of April, 2019. Much less volume in April, 2019 compared to present day.

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Added a "Date Range" Tool to this 90-Minute TF present day and April, 2019 to provide an idea of how much time POTENTIALLY remains to see if my TA was correct.

90 minutes x twelve (12) 90 minute bars (candles) = 1080 minutes divided by 60 = 18 hours.

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I'm still currently in a LIVE Stream... I'm posting charts on Fibonacci DURING A BULL TREND for followers who do not understand english very well.

Scatter buy orders around the 0.618
When in a BULL Trend. High Time
Frames told us a BULL Trend was on.

Stop loss right at or just below the 0.786
When in a BULL Trend. High Time
Frames told us a BULL Trend was on.

End of 2015:

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0.0 FIB Coordinate on Highest High for Re-Trace
to 0.618 during BULL Trend.

1.0 FIB Coordinate on Lowest Low BEFORE we LEG UP.


Scatter buy orders around the 0.618
When in a BULL Trend. High Time
Frames told us a BULL Trend was on.

Stop loss right at or just below the 0.786
When in a BULL Trend. High Time
Frames told us a BULL Trend was on.

Comment:
Do NOT assume this is over yet. Yes, there is one of TWO scenarios:

1. We hang out between the 0.382 ($8,631.62) and the 0.236 ($9,141.67) going sideways before heading up above $10,500.50

2. We come down to the 0.618 ($7,807.17) before heading up to a new 1.618 FIB Extension.

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Have a look at the SETUP in the 90 Minute TF:

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The previous post was ONLY an example of a little "tidbit" of valuable information used when scalping in low time frames.
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For those who need to copy and paste in translator to translate:

The Green Line is currently ABOVE the White Energy. Which means
the Green Line is SETTING UP ITSELF to be be higher than the
White Energy when the Price action turns back up. This is generally
a bullish sign to occur in ANY time frame. Yes, the White Energy and
Green Line are going down AT PRESENT. I'm referring to AFTER this
period of downward pressure in the 90 minute TF "exhausts" and we
revert to upward pressure. Do not be surprised if the next high is a
HIGHER HIGH in this 90 minute TF.

EXAMPLE of a previous period in which the Green Line was
setting up to generate a HIGHER HIGH the next move up.

Based on the Green Line Setting Up itself to be higher than the
White Energy the next move up; this increases the probability
of the stochastic RSI doing its normal dip. Just saying...
Comment:
That previous "tidbit" was actually a very VALUABLE "tidbit" of information. This is the LAST TIME I will mention it in public. Those who had notifications setup and decided to come here to see the update will be the one's who benefit from this little "tidbit" of information if you learn how to use it and use it wisely with GROUPS of time frames.
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It will take a little while further to unfold... I'm currently checking the possibility for the Green Line in the 6h to go sideways long enough for the White Energy to fall below it. Here are the Time Frames I'm currently looking at: 45m, 3h and 6h...

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We may have to wait for the Energy to fall below the Green Line in the 6 hour time frame during the NEXT 6h candle. Which is why I was seeing what was going on in the 45 minute in the meantime.
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Currently looking like ANOTHER Higher High followed by a higher low potentially in the works AGAIN when looking at the 45m and 90m time frames.

45m, 90m and 180m chart:
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We will know more in an hour and 13 minutes.
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The 22 Minute Time Frame:

The current move up will be a lower high and likely follow with a lower low in the 22 minute TF:


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