WyckoffMode

BTCUSD: Estimated Price Targets for Pullback Identified w/Arrows

WyckoffMode Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! As you know, my PREVIOUS publication was a Mid Term Analysis. This particular publication focuses on all the Short Term GROUP of time frames and all the Near Term Group of Time Frames. I will follow up with a chart of the 6h, 12h, 24h and 2-Day with "arrows" pointing to which B-Band I'm estimating the price action to potentially pullback to. I'm still of the opinion upward pressure still dominates for the Mid Term GROUP of time frames and we are simply witnessing a pullback in the lower time frames before resuming with the upward pressure we see in the higher time frames.
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UPDATE:

Looks like I will have to submit a Support Ticket for this VIDEO publication...

In the meantime, you will have to go by the arrows I've placed at different Bollinger Bands (B-Bands) in each time frame. I placed an arrow with the same color corresponding to the B-Band I'm estimating the price action could potentially fall to before resuming our upward pressure we see in the higher time frames.
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UPDATE:

Well, it appears the video is working now...
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UPDATE:

REMINDER:

Short Term Group of Time Frames: 90 minute, 3 hour, 6 hour and 12 hour

Near Term Group of Time Frames: 24 hour, 2-Day, 3-Day and 4-Day

Mid Term Group of Time Frames: 3-Day, 6-Day, 9-Day and 12-Day (Sometimes I use the 2-Day, 4-Day, 6-Day and 8-Day)

Long Term Group of Time Frames: 1-Week, 2-Week, 3-Week and 4-Week (Depending on how much history is in the pair, I may also look at the 2-Week, 4-Week, 6-Week and 8-Week)
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UPDATE:

"BTCUSD: More Detailed Analysis of the 2-Day Time Frame..."
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UPDATE:

In the making of this publication, the price action has fallen to the estimated B-Bands shown in the 6h and 12h time frames (shown below). Not enough time has elapsed in the 24h and 2-Day time frames for us to see if the price action pulls back to the estimated B-Bands in those time frames. We may have to wait until the 2-Day candle that begins October 31, 2020 before we see those targets potentially filled.

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UPDATE:

2-Day Time Frame still looking like chance for a pullback the 2-Day candle beginning October 31, 2020; PROVIDING the current 2-Day candle "CLOSES" with the Red RSI making contact with the Green Line WHILE the Green Line is going down.


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