Potentially Your Last Chance to Get In Before Bull Run Begins!
The indicators; as pointed out in the video; are leaning ever more towards continued upward pressure in the 24h, 2-Day, 3-Day and 4-Day Time Frames. I see this continued upward pressure in the 24h, 2-Day, 3-Day and 4-Day time frames pushing the Green Line in the Weekly Time Frame UPWARD on the NEXT Weekly Candle that begins in less than 24 hours. It's my OPINION we are about to see cryptos take off to the upside in a significant way very soon. How significant? Look at the chart below...
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TO BE CLEAR: I have a hard time seeing the price drop down to the Lower Boundary of the Bollinger Bands in the 6h TF at $6,650. The Bollinger Band BASIS at $6,950 is likely target if we continue to fall further. Here is the 6h TF:
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Here's a look at the 12h Time Frame:
Here's a look at the 2-Day Time Frame:
Here's a look at the 2-Day Time Frame:
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Obvious reversal to upward pressure likely occurs within the next 22 to 34 hours:
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If you have margin short positions open, your stop loss will likely trigger within the next 22 to 34 hours:
Here's a look at the 12 hour once again to show a comparison from history of what the price action could replicate in similar fashion present day:
Here's a look at the 12 hour once again to show a comparison from history of what the price action could replicate in similar fashion present day:
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Here's a look at the 6 hour time frame:
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BTCUSD - "It's About to Get Real the Next 16-Day Candle on April 22, 2020."
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As pointed out in this video using LOW TIME FRAMES; Downward pressure is continuing till the last 12h Candle on Monday or the first 12h Candle on Tuesday. I also believe this current downward pressure will only result in a dip no lower than the BASIS of the Bollinger Bands in the 6h and 12h time frames. I do not believe the price action will drop down to the Lower Boundary of the Bollinger Bands in the 6h. Only a dip to the BASIS in the 6h TF at worst in my honest opinion. This is WHY I'm saying this is likely the LAST CHANCE to accumulate before a likely bull run begins.