Hi Everyone! Yes, we do see potential to fall down to or near the Yellow B-Band Basis in the 24-hour at $65.00. Yes, it is possible to over extend below $65.00. However, if we do fall below $65.00, I expect the price action to pop right back up rather quickly to $65 or above $65. We also see increased odds in higher time frames to continue up - AFTER A...
Hi Everyone! The 4-hour, 6-hour and 8-hour require a little more time for Stage 1 expansion down; when comparing to BTCUSD and ADAUSD (posted previously). We also see increased odds for Stage 1 expansion down approaching in the 12-hour and 24-hour time frames; requiring the Red Line and Blue Line both to fall below level 50 with Green Line and Energy falling as...
Hi Everyone! We must conclude Distribution continues. If Distribution continues, this would mean we are looking at ANOTHER Sign of Weakness in Phase E of our Distribution Schematic. Why? Because we have ranged sideways several 3-Day candles AFTER falling down with a Sign of Weakness in Phase E. Since we have "ranged sideways" AFTER this Sign of Weakness; we...
Hi Everyone! Simply wanted to provide an update in regard to increased odds for more expansion down with our price actions and B-Bands. We can see we have increased odds for Stage 1 Expansion Down in the 6-hour, 8-hour, 12-hour and 24-hour time frames. We have increased odds for Stage 2 Expansion Down in the 2-Day and 4-Day time frames. The Blue Line in the...
Hi Everyone! The Blue Line in Phoenix Ascending is an LSMA (Least Squared Moving Average). The Blue Line in the 3-Day may not go below White Level 30 the NEXT 3-Day candle; which begins in approximately 13 hours. We may have to wait until the 3-Day candle that begins November 27, 2022 before the Blue Line has a better chance of falling below White Level 30 to...
Hi Everyone! I show in this video how Litecoin Saw a Sign of Weakness in Phase E well before any other MARJOR Top Market Cap coins. It looks like we have been in ACCUMULATION for quite a while with Litecoin. ALSO, The indicators in the Mid Term Group of time frames look more bullish compared to Bitcoin, Cardano and Ethereum; which are in just now going into...
Hi Everyone! We have multiple new candles since the publication I posted yesterday. Yes, we still have a green light for Stage 2 Expansion DOWN in the 2-Day time frame. I also pointed out several other time frames in which Stage 1 Expansion Down can "continue" - AND - Stage 2 Expansion Down about to BEGIN in other time frames. BOTTOM LINE: Odds are still VERY...
Hi Everyone! Hope everyone had or is having a nice weekend. I simply wanted to provide an update to point out the indicators in the Near Term Group and Mid Term Group still indicate our current "Sign of Weakness" event in Phase E has HIGH ODDS of NOT BEING DONE YET. Meaning, odds are HIGH we are going to see another leg DOWN again. The 2-Day time frame < in...
Hi Everyone! The purpose of this video was to provide a correction on a statement made in a previous video and to provide further clarification on common events in different phases of distribution when using Wyckoff Method 2.0. The following link provides a BASIC understanding of Wyckoff Method 1.0 (Classical Wyckoff Method). What I teach is my own MODERN...
Hi Everyone! I wanted to point out mainly with the Mid Term Group of Time Frames HOW we may likely NOT be done with our Sign of Weakness event in Phase E of Distribution. Some time frames with potential for Stage 2 Expansion Down and even higher time frames with potential for Stage 1 Expansion Down. In either case, we are still at risk of more expansion of the...
Hi Everyone! The Short Term Group of time frames show increased odds to fall down more with Stage 2 expansion down within the next 2 to 8 hours. The Near Term Group of time frames also show increased odds for Expansion Down. The 12-Day, 13-Day and 2-Week Time Frames also show increased odds for Stage 2 Expansion Down. Meaning, we still have increased odds to...
Hi Everyone! This video publication explains my reason WHY I believe this Sign of Weakness in Phase E is NOT completed yet. I covered this using the 2-Week, 13-Day, 12-Day, 11-Day, 10-Day, 9-Day, 8-Day, 1-Week, 6-Day, 5-Day, 4-Day, 3-Day, 2-Day, 24-hour and 12-hour time frames. I hope this was helpful... If you would, SMASH the like (boost) icon! Thank you...
Hi Everyone! I wanted to point out a Short Swing Signal was triggered in our Near Term Group of time frames. I also pointed out WHY we would be using the 24-hour time frame to close this Short Swing Position. Conditions to CLOSE this short position have not been met yet. Meaning, this SWING trade would still be open since 7 November 2022. What are the...
Hi Everyone! The purpose of this video was to discuss increased odds of Stage 2 expansion down potentially beginning within the next 2-Days and 10-hours from this writing in the 24-hour time frame. The 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week time frames all show either Stage 1 expansion down has begun, some show it's about to begin and others show expansion...
Hi Everyone! We have a new 1-Month candle and it's not looking good. The B-Bands are different this Distribution (bear) period compared to previous Distribution periods. How so? The B-Bands would begin rising up from a very low level (contracting) once Distribution began and would find support around the White Lower B-Band in the 1-Month time frame. Well, the...
Hi Everyone! Simply having a casual conversation about Cardano in regard to accumulation, distribution, events in accumulation, events in Distribution (Phase D and Phase E in particular), etc... We have no confirmation at this time we are actually in Accumulation or have been in accumulation just yet. Still a lot of work yet to do in the 2-Week and especially...
Hi Everyone! Simply pointing out HOW we determine what SET of time frames will be used to determine WHEN we have very high odds of REVERSAL from a Long Term Bear Trend into a Long Term Bull Trend. The 14-Week time frame is the HIGHEST time frame in which the Yellow K-Line is LOWER than Level 10. Which means we cut the 14-Week time frame IN HALF to get the...
Hi Everyone! Simply took a few minutes to point out a few things in regard to what I actually said in previous publications here on TradingView and other social media. Yes, there is a chance to go up to $23,000 to $24,500 at present. Which is near the Yellow B-Band Basis in the 11-Day time frame. Does this mean we will not see or have a chance of another Sign...