Video Publication:
"Part 1: We Need to See Upward Move With Authority by June 10th." Otherwise, the Lite-Coin Block Halving Pump from January 21st 2019 may NOT continue. Which means LTCUSD could possibly reverse down between $60 and $75. BTCUSD "could" fall to my 0.618 FIB at $6,510.59. The Gray ENERGY and the Green Line in the 6h time frame has held up higher for a longer period of time than anticipated. Yet, they are still showing signs of potential exhaustion in the 6h time frame. I will cover that a bit more in a "Part 2" video.
https://www.tradingview.com/chart/BTCUSD/kjHrN6ss-Part-1-Need-to-See-Upward-Move-With-Authority-by-June-10th/
Topic: Wyckoff Mode Technical Analysis - page 38. (Read 12119 times)
Update...
IMPORTANT UPDATE:
IF WE HAVE NOT GONE UP WITH AUTHORITY BY JUNE 10, 2019, THIS WILL LIKELY IMPLY THE LITECOIN BLOCK HALVING PUMP WILL NOT "CONTINUE."
If you are wondering WHY I'm using the word, "continue" with Litecoin Block Halving Pump, it's because we have been pumping since the 2-Week Candle beginning on January 21, 2019. I'm about to put together a video to provide further explanation.
Stay Awesome!
; )
IMPORTANT UPDATE:
IF WE HAVE NOT GONE UP WITH AUTHORITY BY JUNE 10, 2019, THIS WILL LIKELY IMPLY THE LITECOIN BLOCK HALVING PUMP WILL NOT "CONTINUE."
If you are wondering WHY I'm using the word, "continue" with Litecoin Block Halving Pump, it's because we have been pumping since the 2-Week Candle beginning on January 21, 2019. I'm about to put together a video to provide further explanation.
Stay Awesome!
; )
This will be the last one for a while because I need to get some sleep.
Here are three (3) POSSIBLE "Cup & Handles."
Here are three (3) POSSIBLE "Cup & Handles."
Video posted an hour ago on TradingView: https://www.tradingview.com/chart/BTCUSD/jLiI2Yf4-June-6th-to-8th-is-Still-ON-for-Another-Leg-Up-in-My-Opinion/
If we go below $7,004.40, it would be a quick falling knife then immediately go right back up in the same 2 to 6 hour candle. However, it appears more likely to go no lower than $7,004.40. In fact, we may go sideways in a tight trading range no lower than $7,260 before legging up.
Stay Awesome!
David
If we go below $7,004.40, it would be a quick falling knife then immediately go right back up in the same 2 to 6 hour candle. However, it appears more likely to go no lower than $7,004.40. In fact, we may go sideways in a tight trading range no lower than $7,260 before legging up.
Stay Awesome!
David
Could you clarify what you mean by this:
Thanks again for the charts.
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Thanks again for the charts.
To "clarify" that statement: LTCUSD has been in an ascending channel since February, 2019. It has been continually stair stepping up in price since February. It's POSSIBLE the stair stepping up since February until present day COULD have been the pump before a dump. Which means the whales may have decided they will dump it now instead of later in June or first week of July. Time will tell....
In the meantime, we SHOULD anticipate downward pressure to continue until some time between June 6 and June 8, 2019.
Stay Awesome!
; )
It seems all of us were aiming higher and now have to switch gears to bearish. 
Could you clarify what you mean by this:
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Could you clarify what you mean by this:
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
As for your question, "Are you fairly confident we're heading to at least the $6,500 area?" That's not 100%... We may only go to the 0.50 FIB RT (Re-Trace) at $7,004.40. That's clearly stated in the chart I posted above in the post just above yours.
It seems all of us were aiming higher and now have to switch gears to bearish.
Could you clarify what you mean by this:
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Could you clarify what you mean by this:
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Also, you would have got it before the video if you read this post (above) that I'm quoting here with the chart. It was posted approximately 11 hours ago.
Daily (24h) Time Frame using my Phoenix TSI Short Cycle - Long Cycle Indicators.
If I say, "We are in downward pressure until such and such a date" - OR - We will Resume Upward Pressure from such and such date to such and such date," this implies one may consider selling - OR - wait before buying if they have not bought yet.
The exact opposite if I say, "We are in upward pressure until such and such a date" - OR - We will Reverse to Downward Pressure from such and such date to such and such date," this implies one may consider staying in if they have already bought or they may need to wait to sell if they have not sold yet.
The exact opposite if I say, "We are in upward pressure until such and such a date" - OR - We will Reverse to Downward Pressure from such and such date to such and such date," this implies one may consider staying in if they have already bought or they may need to wait to sell if they have not sold yet.
It seems all of us were aiming higher and now have to switch gears to bearish.
Could you clarify what you mean by this:
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Could you clarify what you mean by this:
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
That video before the dump is here: https://www.tradingview.com/chart/BTCUSD/h3RNJLtX-Part-2-Short-Time-Frames-June-6th-to-June-8th-to-Resume-Upward/
It seems all of us were aiming higher and now have to switch gears to bearish.
Could you clarify what you mean by this:
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Could you clarify what you mean by this:
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
You must have missed my posts on TradingView from earlier today that I did NOT post here where I said within the video that Upward Pressure will RESUME sometime between June 6th and June 8th. Which implies we were in downward pressure. I posted it before the dump. However, I did NOT post it here on Bitcoin Talk.
It seems all of us were aiming higher and now have to switch gears to bearish.
Could you clarify what you mean by this:
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
Could you clarify what you mean by this:
Quote
This would mean the LTC block halving pump may have been active all along and we likely fall into re-accumulation.
Has the "sideways range to trap shorts" scenario from this post already been invalidated? Are you fairly confident we're heading to at least the $6,500 area? I've been thinking mid-$5,000s to mid-$6,000s as well.
Thanks again for the charts.
BTCUSD (Top); BTCUSD Bitfinex Short Contracts (Middle); BTCUSD BitFinex Long Contracts (Bottom):
Daily (24h) Time Frame using my Phoenix TSI Short Cycle - Long Cycle Indicators.
BTCUSD - New Video - Titled: "WATCH THIS: Explanation How I KNOW the Bull Trend Continues."
https://www.tradingview.com/chart/BTCUSD/0XNbNUAA-WATCH-THIS-EXPLANATION-HOW-I-KNOW-THE-BULL-TREND-CONTINUES/
https://www.tradingview.com/chart/BTCUSD/0XNbNUAA-WATCH-THIS-EXPLANATION-HOW-I-KNOW-THE-BULL-TREND-CONTINUES/
Here's what that same chart looked like on May 08, 2019:
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