Be MINDFUL of the Blue LSMA in the 6-hour. Also, we see POTENTIAL for continued EXPANSION "DOWN" in the 2-Day, 3-Day, 4-Day, 5-Day time frames. So, those who were in the LIVE stream with me when we called Margin Long around $42,600 to $43,600, you need to be careful of POTENTIAL continued expansion down. How much expansion? We don't know that yet.
Happy Trading and Stay Awesome!
David
تعليق
⋅
UPDATE:
BOTTOM LINE: We need that Blue LSMA in the 6-hour to get above Level 30 to have a "CHANCE" to see the price action go UP with contraction of the B-Bands. At present, the Blue LSMA in the 6-hour is still remaining rather low. So, PLEASE be mindful of this...
تعليق
⋅
UPDATE:
Is it POSSIBLE this is a false alarm and the price action continues to RANGE sideways? Sure.... I just want everyone who was in that 1st LIVE stream I did during the drop to 42K to be AWARE of the POTENTIAL for expansion DOWNN in case you opened a margin long where I suggested during that LIVE stream.
تعليق
⋅
UPDATE:
The B-Bands are still very tight in the 30-minute, 60-minute, 90-minute and 2-hour:
تعليق
⋅
UPDATE:
I'm super exhausted after three (3) marathon LIVE streams. Never felt like this before... Had very little sleep in between each LIVE stream (avg. of about 4 to 5 hours between each marathon). Stayed awake an average of 24 hours between each marathon of LIVE streams. I'm not a young man anymore. I "must" get back to more sleep. I just ate some chicken, rice and beans and MUST get back to sleep to "recoup."
Hey David, I usually am not up when you are so it gives me a great perspective how the market has reacted since your T/A . This has helped me to understand everything much clearer by comparison. It seems that consolidation with maybe in order with a slow decline, possibly of course . I love your indicators it just takes a bit to grasp them . thanks for your hard work and dedication to your craft.
hbycr1
⋅
Excuse my ignorance but what is the white energy and that green line? I've never been able to find any information about it anywhere.
You haven't seen anything on it because this indicator was developed by three other people who did not realize what they created. I got my hands on it and made it BETTER by changing and adding a few things. Created rules and requirements for rules, etc... I'm the author of this...
I'm super exhausted after three (3) marathon LIVE streams. Never felt like this before... Had very little sleep in between each LIVE stream (avg. of about 4 to 5 hours between each marathon). Stayed awake an average of 24 hours between each marathon of LIVE streams. I'm not a young man anymore. I "must" get back to more sleep. I just ate some chicken, rice and beans and MUST get back to sleep to "recoup."
Stay Awesome!
David
hbycr1
⋅
@WyckoffMode, Oh wow that is awesome thanks for the information mate. Please let your awesome brain have a snooze he deserves a well earned rest!
slimbha30
⋅
David can you do an update on Link it's been a while? thank's
Saif_R
⋅
Well done!
relievedHawk1
⋅
yesterday evening the 2hr white energy ended up dragging the 4hr red Rsi down as you'd warned. Now it seems like we're resuming the expansion down, but it also seems that the selling pressure is getting weaker at the moment I'm writing (47.5k). But what puzzles me is that there's really not that much buying pressure to expand up either. I guess we gotta wait and see what happens when the stock market re-opens. Will the Omicron fear end already?
CryptoSnoopy
⋅
sure its going, but hope not so deep and for the last time before continuing UP... fear an greed is also already at extreme value for reversal "16"