BTCUSD: Possible BRIEF Dip OR Dump Within Next 40 Hours.
Hi Everyone! It looks like we have POTENTIAL for a "BRIEF" DIP or a DUMP possible BETWEEN the last 12 hours of October 31 and the last 12 hours of November 1, 2020. You SHOULD watch this video. It's worth your valuable time in my opinion.
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3-Day Time Frame:
3-Day Time Frame:
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4-Day Time Frame:
4-Day Time Frame:
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Here's a reminder of the 12 hour time frame: I'll try to provide an update shortly after we see a new 12 hour candle to see where I indicator lines "closed."
Here's a reminder of the 12 hour time frame: I'll try to provide an update shortly after we see a new 12 hour candle to see where I indicator lines "closed."
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2-Day TF:
2-Day TF:
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3-Day TF:
3-Day TF:
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6h and 12h time frames:
6h and 12h time frames:
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2 hour and 4 hour:
2 hour and 4 hour:
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NOTE how the Green Line is FLUCTUATING UP AND DOWN over the course of the 6h and 12h candles playing out? Which is why we need to see them "CLOSE" to determine what the price action may likely do. Also note how the White Energy in the 2-Day is currently falling deeper below level 50 (Currently at level 47). So, there is still a CHANCE of us falling down. If one does NOT have a margin long or short position open just yet, you may consider waiting for an opportunity when the signals are a bit more clear of the direction we are going.
NOTE how the Green Line is FLUCTUATING UP AND DOWN over the course of the 6h and 12h candles playing out? Which is why we need to see them "CLOSE" to determine what the price action may likely do. Also note how the White Energy in the 2-Day is currently falling deeper below level 50 (Currently at level 47). So, there is still a CHANCE of us falling down. If one does NOT have a margin long or short position open just yet, you may consider waiting for an opportunity when the signals are a bit more clear of the direction we are going.
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REMINDER: Just as I mentioned near the end of this video; WE ARE STILL EXPERIENCING UPWARD PRESSURE UNTIL THE WHITE ENERGY IN THE 12 HOUR COMES DOWN TO LEVEL 50. So, it's POSSIBLE for us to have a run up to, near or just above $14k in a short up-thrust just before falling. If a short up-thrust were to occur, don't be surprised if it's followed by a BRIEF dump to the LOWER RED B-Band. If we go up gradually but not quite to $14k, we could see a more shallow dip to somewhere between the White LOWER B-Band and Aqua LOWER B-Band in the 12 hour time frame.