WyckoffMode

$9,948.98 to $12,654.50 by 9-Day Candle Beginning Feb. 15, 2020

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WyckoffMode 已更新   
BITSTAMP:BTCUSD   比特币
As pointed out in the 9-Day chart the indicators are looking VERY PROMISING for continued upward pressure to possibly the 9-Day Candle beginning February 15, 2020 at a minimum before we see a chance of a brief consolidation event. More updates will follow from time to time. I may also provide a video publication within 24 hours.

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For those who are still bearish, you may want to read the following update I posted in my previous publication:

3-Day = White Energy is near exhaustion at 16% ... The Stochastic RSI is likely to bounce up off of the Red 80% level when the White Energy in the 3-Day exhausts and turns back upward.

6-Day = Red RSI is at 63% (above 55 percent) and the White Energy is at 78% and falling. However, we do not anticipate a CHANCE of a significant drop until the White Energy reaches the 50% level BECAUSE the Red RSI is above 55 percent in the 6-Day TF. What we are seeing in the 6-Day TF also provides support for what was just mentioned in the 3-Day. Meaning, we see the White Energy at 16% in the 3-Day and likely to exhaust then turn back up in the 3-Day TF. Well, the White Energy in the 6-Day still has quite a while before reaching the 50% level. Which gives us plenty of time for the White Energy to exhaust in the 3-Day TF and reverse back to upward pressure.

9-Day = White Energy is super high at 105% level. Don't be surprised if the White Energy turns down then immediately turns right back up in the 9-Day without going below the 50% level in its near term. We still need the Red RSI in the 9-Day TF to CLOSE at 55 percent or higher to feel more comfortable about a LONG TERM bull trend BEGINNING. The Red RSI in the 9-Day is currently at 51% level and rising. I prefer it to close at 55% or higher in that high of a time frame to use our rule regarding no chance of significant drop until white energy crosses below 50 percent level. We have a NEW 9-Day Candle beginning tomorrow (January 28, 2020).


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Compare the 3-Day, 6-Day and 9-Day chart from yesterday (ABOVE) to the 3-Day, 6-Day and 9-Day NOW (BELOW):

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Simply posting this chart with PRIMARY FIB levels and two (2) Secondary FIB levels inserted in between different Primary FIB levels. This chart is posted only for personal future reference.

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PRIMARY FIB COORDINATES:

SECONDARY FIB COORDINATES:

LOCAL VIEW OF PRIMARY AND SECONDARY FIB's:

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