BTCUSD NEAR TERM analysis using Ward method (tentative long)

I put tentative long in the title because we still have a short period of downward pressure left.
The thought process is explained in the text bubbles on the chart.

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This chart is the same chart as posted in the idea, just you are able to click on it so you can read the text bubbles and zoom in accordingly

Please like the idea and comment below any thoughts you may have. I would greatly appreciate it, thanks!

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small update with the 45m, 90m, 3h, and 6h time frames to figure out if that wick down to 12750 was our local bottom or are we going lower.

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Another update with the new 45m, 90m, and 3h candles.

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Another small update. May need to go sideways for a little while or come down for one last small dip before getting in to position for a leg up.

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Getting there... looking like its ready to go up soon. We haven't had a big move on the weekend in awhile so maybe they want to wait until monday to do it.

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Yep the stars are aligning. If you are not already in a long position it's time to get on that.

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We should run up to our aqua upper bollinger MINIMUM at 138xx but it is very likely we go to the orange at 14350.

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Wicked up to almost 13800... still have plenty of room to go folks... i will post an update once daily closes

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If you are looking to enter long Id wait for one 3h candle then reassess how things look. Maybe even put 25% in now because there is certainly lots of room for upward movement in the 12h/1day time frames. The question is as to whether there will be a small pullback as the energy in the 3h crosses 50.

beastedz

Penafian

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beastedz