WyckoffMode

20:00

WyckoffMode

Hi Everyone! This is obviously "part 2" of our Bitcoin analysis. In this publication, I cover lower time frames a bit more and point out how the Red Line is already at Yellow Level 50 in the 11-Day, 12-Day and 13-Day time frames BUT the Price action is "not" at the Yellow B-Band Basis yet. This increases the odds for us to go down to the Yellow B-Band Basis...

19:58

WyckoffMode

Hi Everyone! It appears from a Wyckoff 2.0 perspective; as well as from Phoenix Ascending and Phoenix B-Bands indicators; we could continue higher to the $28,150 to $28,600 price range. I can see a "Test of Supply" in Phase B of "RE-Distribution" during our phase B of MACRO Accumulation. This is somewhat similar to what we saw in 2019. Hope this was...

19:09

WyckoffMode Updated 

Hi Everyone! Simply an update to point out increased odds for price action to fall down to the $26,550 to $25,600 price range.

19:54

WyckoffMode Updated 

Hi Everyone! We have a "new" 2-Week candle. The Red Line in the 2-Week is already above level 50. Which means, if the white energy is also above level 50, upward pressure should continue until the white energy comes back down to level 50. The White Energy in the 2-Week is showing no sign of coming down toward yellow level 50 anytime soon; and this 2-Week...

20:00

WyckoffMode

Hi Everyone! Bad Ass B-Bands have been updated to include the Magenta Upper and Magenta Lower B-Bands. The Standard Deviation for each Bollinger Band utilizes Fibonacci math rather than the usual default deviations in other B-Bands. Purple Upper B-Band = + 4.618 Standard Deviation Red Upper B-Band = + 3.618 Standard Deviation Orange Upper B-Band = + 2.618...

15:01

WyckoffMode Updated 

Hi Everyone! Yes, it's possible to come down somewhere between HKEX:28 ,900 and HKEX:29 ,500. However, will we continue falling? In my opinion, No.... We still have upward pressure according to many time frames pointed out in this video. So, can we fall down to the white/aqua LOWER B-Bands in the 3-hour time frame? Yes... Will we continue falling further...

19:56

WyckoffMode

Hi Everyone! This is simply a brief summary of WHY it's important to understand how to use leverage. We should always start (begin) with how much of our own equity we should allow to be at risk of liquidation. I personally allow myself to use up to 3 percent of my TOTAL equity in a position; while also allowing the price action to move up to 15 percent against...

18:52

WyckoffMode Updated 

Hi Everyone! According to the 3-Week time frame; we still have upward pressure the remaining 3-Days and 20-hours of the current 3-Week candle and all of the NEXT 3-Day candle. In fact, it's possible to continue with even more upward pressure the 3-Week candle AFTER THE NEXT 3-WEEK CANDLE. Why? Because Red Line is above Yellow Level 50; implying upward pressure...

19:54

WyckoffMode Updated 

Hi Everyone! Yes, it's possible to have a brief pullback here for the short term. It's possible to pullback to $0.38 to $0.36.5 (shake out) before seeing a push up to around $0.43 cents. However, be advised we could continue higher to near $0.50 cents by the time this period of upward pressure has exhausted. Which could be 2 to 4 weeks from now. Yes, it's...

19:55

WyckoffMode Updated 

Hi Everyone! This is important... Market Conditions have likely changed. The Red and Blue Lines have managed to rise above Yellow Level 50 in the entire short term group except for the 6-Hour time frame. However, the Blue Line may rise above Yellow Level 50 along with the Red Line in the NEXT 6-hour candle. When this happens, we have increased odds for the...

19:57

WyckoffMode Updated 

Hi Everyone! I know I've been away a while. Part of the time working on a swing script. The other part dealing with a broken foot. I've just now got to where I can limp around the house without crutches. Anyway, I want to post the 2-Day time frame here to point out the Red Line may fall "down from" Magenta Level 60 the next 2-Day candle; implying the price...

11:57

WyckoffMode Updated 

Hi Everyone! The current location (level) of the Red Line in the 8-hour and 12-hour time frames suggest the "odds" are much higher of the Yellow B-Band Basis in the 8-hour acting as resistance (24,400) and the Magenta Upper B-Band in the 12-hour acting as resistance (24,530). We need to wait until the next 8-hour and potentially the next 12-hour to get a better...

06:35

WyckoffMode Updated 

Hi Everyone! Appears we are still working on our "Sign of Strength" event in Phase D of Accumulation. We can go up to $135 quite easily in the 6-Week time frame; which see below: 6-Week Time Frame: RED TEXT BUBBLE: Red Line is above level 50 to trigger upward pressure in this 6-Week time frame. This upward pressure will last until the White Energy falls down to...

15:28

WyckoffMode Updated 

Hi Everyone! Our Red Line in the 24-hour is still quite high. Meaning, I see the Yellow B-Band Basis having very high odds of holding support for the next 2.5 days. The Yellow B-Band Basis in the 24-hour is currently at $23,220. Which see... What's important to understand at present is we are currently in downward pressure for potentially the next 1.5 to...

19:56

WyckoffMode Updated 

Hi Everyone! It appears $25,290 is still acting as fairly strong resistance over the next 14-Days. Meaning, we may still be "ranging sideways" between $21,360 and $25,290 for a while longer. Yes, we still have a chance to "over-extend" above $25,290 to around $28,240. If we were to over extend up into proximity of $28,240, I would anticipate a substantial...

06:57

WyckoffMode

Hi Everyone! I thought it was important to focus on our Long Term Group to point out potential "ceiling of resistance" in the event of organic price movement up to $25,300 to $25,600 price range. However, we could see "over-extension" up to the Magenta Upper B-Band in the 16-Day and 17-Day. Which would put us around the $26,550 to $27,150 price range. We...

107:27

WyckoffMode

Hi Everyone! I'm quite busy but needed to take a bit to provide an update for Bitcoin and Cardano.

20:00

WyckoffMode Updated 

Hi Everyone! Litecoin very much looks like we have made our transition from Phase C into Phase D with a Sign of Strength event. That "Sign of Strength" is not done yet. We are still working on it before we "eventually" begin our "Back-Up/Last Point of Support" event in Phase D. As pointed out in the video; we still have quite a bit of upward pressure remaining...