Hi all,
It's been a while since I've posted something. I've been looking at other people's charts the last couple of years. But today I felt like posting something. Hope you like it.
I have been a fan of David Wards instruments ever since he started telling me about it and how some of the indicators work, like when you won't have to be fearful of a dump but of a drop (correction).
I'm still seeing a lot of bears running around on CT, screaming for lower prices. Well, according to Mr. Wards instruments they might be right, but only on lower timeframes and I think it won't be more than a drop. It could also go sideways a bit, more of a correction in time. Lower TFs might give clues.
But I'm here for the long run.
I'm showing here the BTCUSD chart on a Monthly scale and to me it looks like BTC is a few months ahead of itself! Just take a look at the following:
Mr. Gray Area : had a shorter dip below level 50
Mr. Red : turning up already instead of dropping down some more
Mr Blue : about to cross level 50 upwards
I strongly believe...the bears are going to be in more trouble than they already are.
It's been a while since I've posted something. I've been looking at other people's charts the last couple of years. But today I felt like posting something. Hope you like it.
I have been a fan of David Wards instruments ever since he started telling me about it and how some of the indicators work, like when you won't have to be fearful of a dump but of a drop (correction).
I'm still seeing a lot of bears running around on CT, screaming for lower prices. Well, according to Mr. Wards instruments they might be right, but only on lower timeframes and I think it won't be more than a drop. It could also go sideways a bit, more of a correction in time. Lower TFs might give clues.
But I'm here for the long run.
I'm showing here the BTCUSD chart on a Monthly scale and to me it looks like BTC is a few months ahead of itself! Just take a look at the following:
Mr. Gray Area : had a shorter dip below level 50
Mr. Red : turning up already instead of dropping down some more
Mr Blue : about to cross level 50 upwards
I strongly believe...the bears are going to be in more trouble than they already are.