Panjang

80-EMA in the 4-Day TF is Likely Bottom When Comparing History.

Telah dikemas kini

When comparing history of lows with EMA's during a bull trend, we have gone as low as the 90-EMA in the 4-Day TF (BitFinex Hack in July, 2016). We also went to the 80-EMA in 2013 after we were over-bought with over a 2,000 percent gain. We just hit the 80-EMA this time in the 4-Day TF. This was likely the bottom. Could we come down to the yellow 90-EMA in the 4-Day with one more push down? Sure, it's possible. However, the indicators in the 12h TF appear as though this downward pressure is about to come to a close.

Nota

Nota

BTCUSD (Top); BTCUSD Shorts (Middle); BTCUSD Longs (Bottom):

Nota

Our "Back-Up/Last Point of Support" (BU/LPS) Event marks the completion of Phase D. Which means we are about to have our transition into Phase E once we see our "Sign of Strength."

Nota

Here's some more information:

2012 Accumulation Schematic With Description of each Phase:

2015 Accumulation Schematic With Description of each Phase:

This link provides a BRIEF insight on the BASICS of Wyckoff Method: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method

Nota

Added that note for Phase D and Phase E at bottom of this chart for Bitcoin History Using Wyckoff Method.

Nota

Made a few alterations and additions. Took off 70-MA and 150-MA. Then added Red 20-EMA, Green 50-EMA, Magenta 80-EMA and Yellow 90-EMA. We already had Gray 40-EMA and White 200-MA on the chart. Also added text bubbles to identify WHEN we fell to the Magenta 80-EMA or Yellow 90-EMA in history.

Nota

Made a couple more alterations with text bubbles and color of 80-EMA. I'm going to take a break to get a bite to eat.

WyckoffMode

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.