Topic: Wyckoff Mode Technical Analysis - page 19. (Read 12112 times)

Hi Everyone!  Here’s the TradingView LIVE Stream BETA Link below.  However we will not officially begin our Technical Analysis until 2:00pm Central (Chicago) Time - 8:00pm UTC (London) Time:  https://www.tradingview.com/streams/yXYPkgloUuMbMQddHc-3z/

Yes, I've seen that too.  I pointed that out in a previous chart.  That's the reason for a POSSIBLE "higher" low on this next drop down [Identified with the Aqua Blue Line in the chart below].

Here's that Weekly chart I'm referring to with the Green Text Bubble:

Another closer look at Godmode in the 3-Day TF:

Yes, I agree, a higher low is still a possibility.  What concerns me is the spread between the margin long and margin short contracts on BitFinex.  Almost 5 times as many long contracts as their are short contracts.  We did not have access to margin trading in 2015 when we were climbing out of Accumulation from Distribution.  So, what we see here in late 2019 to early 2020 will likely set a precedent for future periods just before future block halving events after the one coming up in 2020.

Bottom Line:  We are about to find out just how much influence the margin trading markets and futures markets affect the traditional spot price markets.  We are about to see a lot of whales battling whales for position and acquisition of coins over the month of December and January.  I'm rather anxious to see how the indicators react to all of this.  The indicators in the 3-Day Time Frame currently look rather nasty; like we could come down significantly soon if and/or when the White energy drops to and/or below the 50 percent level in the 3-Day TF.  Here's a look at the white energy in the 3-Day TF:



Also, it's quite possible this next drop that likely comes soon may be the last significant drop we see with a chance to drop to a lower low before we FINALLY begin to see a chance of reversal to upward pressure in higher time frames.  I'm still seeing a chance of a higher low on the next drop.  However, I'm leaning more towards a lower low.  I'll feel more confident about reversal to upward pressure if we could just get the white energy in the 3-Week TF up to the 50 percent level.  Yet, the chance for that occurring in December doesn't look good at all.  Appears more likely in January, 2020.

Here's a look at the White Energy in the 3-Week TF:  The current 3-Week Candle ends very soon and a new 3-Week candle begins on December 9, 2019.  The next 3-Week candle after that begins on December 30, 2019.  The next 3-Week Candle after that would be January 20, 2020.  I'm anticipating the White Energy in the 3-Week Candle beginning December 30, 2020 to have us pretty close to the 50 percent level and we shoot up clearly above the 50 percent level in the 3-Week candle beginning January 20, 2020.

The White Energy in the Current 3-Week candle looks quite ugly at the moment.  I'm looking forward to the new 3-Week candle that begins this Monday to see what the White Energy will look like then.

Yup, it's looking that way...

Bakkt Launching his Cash-Settled Future on Dec. 9 and I think that we gonna see lower lows.
I changed my opinion Bitcoin forming a Golden Cross pattern on the 1W chart with the MA50 crossing above the MA100 ?

we're using up quite a lot of momentum (on RSI etc) for very little gains, so i think you're right that we're nearing a local top. i'm just not sure whether the market is headed to lower lows or not.

a higher low similar to this teal pattern still seems like a decent possibility.

Hi. I think the market has already decided which way to go. We couldn't break through 7500. https://imgur.com/fpqCDl2

I'm also seeing the case for a BIG Move to $4,950 or BIG Move Up to $9,950 in December, 2019. We desperately need to hold my 0.618 FIB at $6,149.32. If we do not hold that, we likely continue falling to my 0.5 FIB at approximately $4,950. If the Green 0.618 FIB at $6,149.32 holds this weekend and next weekend, we likely see a BIG move up to my Magenta 1.0 FIB at $9,948.98.

I"M DOING A "LIVE" STREAM AT 7:00pm CENTRAL TIME (CHICAGO TIME) FRIDAY, DECEMBER 6, 2019. The Link will be posted at approximately 30 minutes prior to 7:00pm Central Time, Friday.

Here's a look at the 3-Day TF to show you we are likely in store for downward pressure this weekend and possibly for most of next week.



Either BIG Move to $4,950 or BIG Move Up to $9,950 in December.  A look at the Weekly TF with my PRIMARY (Over-All) FIB:



Made a few adjustments on my Weekly Chart in regards to my three (3) Scenarios.  I'm leaning towards the White or the Red Scenario.

BTCUSD - "I'm Seeing Possible Significant Downward Pressure This Weekend." https://www.tradingview.com/chart/BTCUSD/vTgrUIU6-I-m-Seeing-Possible-Significant-Downward-Pressure-This-Weekend/

NEW VIDEO Publication:  "CORRECTION: My 0.618 FIB @ $6,149.32 "Might" Be Our Next Stop."  https://www.tradingview.com/chart/BTCUSD/K45HmvXr-CORRECTION-My-0-618-FIB-6-149-32-Might-Be-Our-Next-Stop/

If my Analysis is correct, we are looking at the $16k's by mid to late April, 2020 and mid $20k's by end of August, 2020.

A look at my PRIMARY (Over-All) FIB Levels in the 3-Day TF.  You will see the price for each Primary FIB Level to the right side of the chart:

Link to LIVE STREAM: https://www.tradingview.com/streams/adAGiLVinM9KHS84oYmBs/  We will actually begin at 7:00pm Central Time (Chicago Time).  Music until then.

LIVE STREAM on TradingView in 4 hours 45 minutes.  Set your timer on your smart phone for 4 hours and 15 to 30 minutes to come back here to find the link to the LIVE stream @ 7:00pm Central Time (Chicago Time).

Sure... I'll do that...  See you there...

Set your timer on smart phone for 16.5 hours.  It starts in 17 hours.

I have a lot of respect for Master Luc too. He is the Master.

Can you make an indepth comment on why you agree/disagree on his analysis for late-2019 and 2020 during the live stream?

Master Luc is the one who I idolized when I first came to the crypto currency trading space.  I have a LOT of respect for him and his analysis.  With that said, NO ONE, and I mean NO ONE is correct 100 percent of the time.  NO ONE...  Even Master Luc got July, 2015 run-up prediction wrong; which ultimately led to him not posting on bitcointalk again.  Shortly after he stopped posting on bitcointalk was when I began educating myself in trading more vigorously.

I do like his prediction he made in 2018 on that chart you provided.  I plan on doing a LIVE Stream Friday, November 29, 2019 at 7:00pm Central Time (Chicago Time) in the U.S.  The Link to the LIVE Stream will be posted here and on TradingView Friday, November 29, 2019 at 6:30pm Central Time (Chicago Time) in the U.S.  I'll provide a more in depth analysis as to what may occur from present day to the Bitcoin Block Halving in May, 2020.

What's your opinion in Master Luc's new prediction? https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

What are the probabilities? Plus how accurate is Master Luc from your experience?