Hi Everyone! This is simply to point out what we are looking for when applying Indicators with Wyckoff Method.
Hi Everyone! Simply pointing out the 12-hour, 24-hour, 2-Day, 3-Day and 4-Day time frames appear to be setting up for an Expansion Down Event. The 24-hour appears to be threatening Stage 2 Expansion Down; due to the Red and Blue Lines "both" below white level 30 at present. Happy Trading and Stay Awesome! David
Hi Everyone! Simply doing a LIVE stream casual discussion on current price movement. We may even look at requests from the chat. Stay Awesome!
Hi Everyone! The ENTIRE Near Term Group of time frames (12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week) all show increased odds for either Stage 1 or Stage 2 Expansion Down. Depends on the time frame you're looking at as to whether it is Stage 1 or Stage 2. Reminder: We have not seen our transition from Phase D into Phase E of Distribution yet...
Hi Everyone! Thought I would take several minutes to explain WHY Phase E of Distribution is still here and WHY we still have increased odds for Expansion Down in higher time frames; resulting in a Second Sign of Weakness (SOW #2) in Phase E of Distribution. Yes, we can have multiple "Sign of Weakness" events in Phase E. Look at BTCUSD 2014 Distribution period. ...
Hi Everyone! I wanted to take 20-minutes to point out odds are still more favorable for Stage 2 Expansion Down in several time frames in the Mid Term Group of time frames. The 9-Day, 10-Day, 11-Day and 12-Day time frames in particular. The 3-Week time frame also shows potential for Stage 2 Expansion Down the NEXT 3-Week candle; which begins approximately 3.5...
Hi Everyone! We have a NEW 3-Week Candle beginning in approximately 2-Days and 10-hours. Odds are increasing for Stage 2 Expansion Down the next 3-Week candle if the Green is still falling; white energy is falling below level 50; Blue is below level 30 and if the Red goes below white level 30 the NEXT 3-Week candle. If we do not see Stage 3 Expansion Down the...
Hi Everyone! It's not looking good for Cardano. The Near Term Group of time frames still looks quite bearish with the 6-Day and Weekly appearing to be in the process of potentially beginning Stage 3 Expansion Down. This may likely be our Selling Climax Event after having gone sideways for quite a while; establishing a Preliminary Support Range between $0.295...
Hi Everyone! We have a new 5-Week candle in approximately 17-Days and 13-Hours from this writing. At which point we are subject to BEGIN Stage 1 Expansion of the B-Bands and price action is likely to go DOWN with this expansion. Hence, the reason it is called, "Stage 1 Expansion Down." This particular move has increased odds of occurring when the Red Line,...
Hi Everyone! As pointed out in the video; it appears we have increased odds for expansion down to continue the next Weekly Candle. This expansion down could push us down to between a range of $0.235 to $0.185. I also pointed out how the white lower b-band in the 3-Week time frame may likely act as our ceiling of resistance during our entire period of...
Hi Everyone! We still have a lot of work to do in the 3-Week time frame to justify going up from the white lower b-band at $18,580. < See 3-Week Chart Below > We still have a lot of work to do in the 16-Day time frame to justify going up from the white lower b-band at $17,570. < See 16-Day Chart Below > 3-Week time frame: 16-Day time frame: 12-hour would...
Hi Everyone! Bitcoin is at risk of Stage 3 Expansion Down invent in this 16-Day Time Fame (TF). I'm including screenshot of cover chart below. Yes, it's possible to fall within proximity of the Aqua Lower B-Band at $11,911 at this writing. Am I saying, "We will fall down to Aqua Lower B-Band?" No... Am I saying, "We will fall down with another Sign of...
Hi Everyone! I had a request for a new setup video that included instruction on adding the Stochastic RSI to the charts. I've also chosen to hide specific levels within Phoenix Ascending lately to clean up my charts a little more so they do not look quite as busy as they do already. Adding these indicators to your chart is very easy. You got to start somewhere...
Hi Everyone! I probably should have included this feature as well in the setup video in case any of you have an issue with Bad Ass B-Bands messing up being able to see your price bars properly on your charts. Hope this was helpful. Stay Awesome!
Hi Everyone! I appreciate all the "Boosts" (Likes) everyone provided yesterday. Was definitely motivating to see the overwhelming support! Thank you! So, I thought I would make this video PUBLIC to show my APPRECIATTION. I had a question from a premium sub asking, 'What is the definition of 'Death Triangle' Dave is referring to in the BTC publication posted...
Hi Everyone! We are still at threat of another leg down. It's still too soon to say we are for a fact in Accumulation. We need to see the price action go up to $18,000 in order for that to be considered a Simple Rally in Phase B of Accumulation before we can say we have a chance of actually being in accumulation. Currently, it does not look like we will get a...
Hi Everyone! Simply providing that follow-up video I said I would provide during yesterday's video publication. The Red and Blue Lines in the NEW 4-Day candle did not move up very much at all. Which means, the 4-Day still has a lot of work to do. The White Energy in the 3-Day has moved up higher but we need the Red Line in the 3-Day to move up to within...
Hi Everyone! Yes, I agree with CryptoCheck- Here is her publication for Cardano. She's worth following. So, check her out. Yes, we have increased odds for expansion UP in the short term group of time frames; as I mentioned in the video. The question is, will this expansion up event in the Short Term Group push us through the White Lower B-Band at $0.33...