Topic: Wyckoff Mode Technical Analysis - page 6. (Read 12112 times)

"Let's Have a Look at the 9-Day and 18-Day Time Frames - "LIMBO" https://www.tradingview.com/chart/BTCUSD/fFf3MdwI-Let-s-Have-a-Look-at-the-9-Day-and-18-Day-Time-Frames-LIMBO/

UPDATE: 6.5 Minute Video With the 2-Day, 3-Day and Weekly Time Frames; titled, "Possible Body of Each 2-Day Candle Rides the BB-Basis a While..." https://www.tradingview.com/chart/BTCUSD/0urep8I0-Possible-Body-of-Each-2-Day-Candle-Rides-the-BB-Basis-a-While/

BTCUSD - New 8 Minute Video Publication; titled, "Downward Continues to 2nd 12h Candle Sunday OR 1st 12h Candle Monday." https://www.tradingview.com/chart/BTCUSD/pA8QCx0L-Downward-Continues-to-2nd-12h-Candle-Sun-OR-1st-12h-Candle-Mon/

Wyckoff Method of Analysis would not have seen that dump coming for crypto the way the indicators did.  As for providing a publication using Wyckoff Method; once the current run up completes with a consolidation event, I'll provide a publication using Wyckoff.  At the moment, it could be either/or until we complete this current run up.  I'll explain "either/or" in the video when it's posted in the near future.  What's more important right now is KNOWING upward pressure continues and to know what time frames to watch for a possible consolidation to begin or for upward pressure to be shown as continuing.  Wyckoff Method of analysis does not tell us if we are having upward pressure.  It's only a tool used for long term analysis to predict trends.  However, Wyckoff Method of analysis cannot predict COVID-19 and its affects on the market.  Nor can Wyckoff Method predict WHEN a reversal to upward or downward pressure is likely to occur.  It can assist in predicting WHERE price action may run up or down to but not WHEN.  Most people are concerned with WHEN are we going to see an obvious reversal to sustained long term upward pressure.  Once we see what occurs locally in the mid term, we will have a better idea of what may occur in the long term.  I don't want to speculate of what EVENT and Phase we my be located in during an Accumulation Schematic if it turns out we are slowly reverting to a Distribution Schematic.  We simply need to wait a bit further to AVOID wasting time with meaningless speculation on what event and phase we are in if in an Accumulation Schematic or what event and phase if in a Distribution Schematic.

Don't forget... The TITLE of this forum is "Godmode Technical Analysis."  Not, "Wyckoff Method Technical Analysis."  My main focus in this forum is Godmode (Phoenix 1.119 indicator) rather than Wyckoff Method.  Yes, I will mention Wyckoff Method at times but the main focus is Phoenix 1.119 (Godmode).

Any chance of a new analysis based on the Wyckoff accumulation/distribution idea ? Seems that you totally forgot your very special tool after you found the godmode

Litecoin - New 9 minute video publication; titled, "LTCUSD -Upward Pressure Definitely Dominates Mid to Long Term!" https://www.tradingview.com/chart/LTCUSD/t0IFvmrW-LTCUSD-Upward-Pressure-Definitely-Dominates-Mid-to-Long-Term/

TEZOS - New 7.5 Minute Video publication; titled, "XTZUSD - Upward Pressure Continues; Possible Dip Before More Up!" https://www.tradingview.com/chart/XTZUSD/aIIvVm6V-XTZUSD-Upward-Pressure-Continues-Possible-Dip-Before-More-Up/

ETHUSD - New 9.5 Minute Video Publication; titled, "ETHUSD - Upward Pressure Dominates; Possible Dip Before Going Up." Read additional remarks in comments section. https://www.tradingview.com/chart/ETHUSD/3QZGFQSc-ETHUSD-Upward-Pressure-Dominates-Possible-Dip-Before-Going-Up/

BTCUSD - New 9.5 Minute Video Publication; titled, "Upward Pressure Dominates; Dip Down to $6,650 is Worse Scenario." Be sure to read remarks in comments section. https://www.tradingview.com/chart/BTCUSD/SdXhEZKR-Upward-Pressure-Dominates-Dip-Down-to-6-650-is-Worse-Scenario/

A look at the Bollinger Bands in the 2-Day Time Frame:

2-Day TF (Left); 3-Day TF (Center) and 4-Day TF (Right):

Expecting us to run up to $8,245.41 at a minimum before we have a significant consolidation event.

BTCUSD - New Video Publication posted 12 minutes ago; titled, "Still on Track to $7,820 Minimum for Weekly Bollinger Band Basis." https://www.tradingview.com/chart/BTCUSD/BwAQPIRp-Still-on-Track-to-7-820-Minimum-for-Weekly-Bollinger-Band-Basis/

BTCUSD - Here is a short 4 minute video to emphasize we are still experiencing upward pressure likely through the weekend.  "Upward Pressure Continues! Be Super Careful if Shorting!" https://www.tradingview.com/chart/BTCUSD/EADVZct2-Upward-Pressure-Continues-Be-Super-Careful-if-Shorting/

REMINDER of the Weekly Time Frame for you to see WHY I'm saying we likely make it to the Bollinger Basis in the Weekly Time Frame:

BTCUSD - 8 minute video; titled, "Still On Track to Weekly Bollinger Basis at $7,820 to $8,100." https://www.tradingview.com/chart/BTCUSD/cC65eb3x-Still-On-Track-to-Weekly-Bollinger-Basis-at-7-820-to-8-100/

ETHUSD - 8 minute video; titled, "May Dip to $135 Then Run Up to $167 During Next Weekly Candle." https://www.tradingview.com/chart/ETHUSD/jr2uQu0e-May-Dip-to-135-Then-Run-Up-to-167-During-Next-Weekly-Candle/

Upward pressure continues for now.  See notes in the 6h and 12h time frames below: 

BTCUSD - UPDATE in 5 minute video: "White Energy in 3h TRYING to Move Up in New 3 Hour Candle." https://www.tradingview.com/chart/BTCUSD/hnFh8nCG-White-Energy-in-3h-TRYING-to-Move-Up-in-New-3-Hour-Candle/

"More Focus on Price Action in Relation to Indicators in Lower TF." https://www.tradingview.com/chart/BTCUSD/3AutNtzd-More-Focus-on-Price-Action-in-Relation-to-Indicators-in-Lower-TF/

KEEP IN MIND: I'm NOT prepared to say, "Bottom is in or not in," as mentioned in the first video. We are simply approaching this one bridge at a time. The purpose of the two videos posted was to point out my opinion of what may occur in the near term with the 3h and 6h time frames and what may occur in the mid term with the 3-Day and Weekly time frames. We may still have quite a while yet before we are able to determine if we may have further down to go; if we may go sideways for a longer period of time or if we are in the beginning stage of another bull run.

ROFLMAO....