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BTC: Probability of Expansion Up Next 6 Week Candle is HIGH

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BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! We get a new 6-Week candle approximately 14 hours and 50 minutes from this writing. I'm pointing out something "historical" with my Phoenix Ascending Indicator in conjunction with my Bad Ass B-Bands Indicator: Historically, when both the Red and Blue Lines cross above White Level 70 often signifies significant buying pressure is approaching. Especially, when the White Energy is still this high of a level "while" the Red Line is above Level 50.

We should see the price action rise up to proximity of the Orange Upper B-Band at a minimum some time during the next 6-Week candle. The Orange Upper B-Band is approximately $57,200 at this writing.

I will follow up shortly with charts of other time frames which will include text bubbles providing explanations of probabilities provided by my indicators.

Happy Trading and Stay Awesome!

David

Kommentera:
UPDATE:

I created a video publication instead of creating multiple text bubbles on multiple charts.

"BTC: 54400 to 55800 Minimum Incoming Soon"

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