BTCUSD: Upward Pressure Still in Control in Multiple Groups!

25 oct. 2021

Hi Everyone! Simply wanted to provide my opinion for current pressure (UP or DOWN) in the MACRO Group, Long Term Group, Mid Term Group, Near Term Group, Short Term Group and Immediate Group.

Here's the cover chart:


Here's the History of Bitcoin Using Wyckoff Method Chart:


Here's the MACRO Group of time frames: 11-Day, 22-Day, 23-Day, 24-Day, 25-Day, 26-Day, 27-Day and 28-Day time frames.


Here's the Long Term Group of time frames: 8-Day, 15-Day, 16-Day, 17-Day, 18-Day, 19-Day, 20-Day and 3-Week time frames.


Here's the Mid Term Group of time frames: 4-Day, 8-Day, 9-Day, 10-Day, 11-Day, 12-Day, 13-Day and 2-Week time frames.


Here's the Near Term Group of time frames: 12-Hour, 24-Hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week time frames.


Here's the Short Term Group of time frames: 30-min. 60-min. 90-min. 2-Hour, 3-Hour, 4-Hour, 6-Hour and 8-Hour time frames.


Here's the Immediate Group of time frames: 1-min. 2-min. 3-min. 4-min. 5-min. 6-min. 8-min. and 16-minute time frames.


This publication is labeled a long position for the MACRO, Long, Mid and Near Term Groups of time frames.

Happy Trading and Stay Awesome!

David

25 oct. 2021

Note

UPDATE:

Made a small correction to a text bubble during Distribution of 2018.


Currently working on 2014 through 2017; close to completion; just need to finish up rest of 2016 and run up in 2017.

25 oct. 2021

Note

UPDATE:

Might as well post a few charts of the FIB Study while I'm at it...

25 oct. 2021

Note

UPDATE:

6-hour and 8-hour Blue LSMA and Red RSI "both" need to get above Level 50 to have a chance for expansion of the B_Bands and resumption of significant upward pressure.