WyckoffMode

$194 to $224 Till 6-Day Candle of Feb. 6th or Feb. 12th

Long
WyckoffMode Updated   
POLONIEX:ETHUSDT   Ethereum / Tether USD
Mid Term: Upward pressure remains till the 6-Day Candle beginning February 6, 2020 or the 6-Day Candle Beginning February 12, 2020. We will have a better idea which may be the case as we get closer to February 6, 2020. Yes, we will see little dips along the way during this upward pressure. So, if you think about shorting, please realize any downward moves that occur will likely be shallow. You really need to know what you're doing with the indicators to try to navigate potential short trades with low (3x) leverage while we go up. If you're a novice, consider staying long.

Short Term: We see in the 12h and 18h time frames that we do not necessarily see a CHANCE of a decent drop until the 12 hour candle beginning at 12:00 noon UTC (London) Time on January 30, 2020 or the 12 hour candle beginning at 00:00 (midnight) UTC (London) Time on January 31, 2020. So, any downward dips up to those times will likely be shallow if you are thinking about shorting. Would probably be better to hold your current long positions and prepare to add another long position on the next dip beginning on or around the date and times previously mentioned in regard to the 12 hour time frame.

Long Term: The Monthly White Energy is quickly approaching the 50 percent level. If I remember correctly, I think it was around 47 percent and rising. We should see the White Energy cross above the 50 percent level on the next Monthly Candle beginning in February. Which means we SHOULD see an EXPONENTIAL RISE BEGIN IN THE MONTH OF FEBRUARY, 2020.

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Happy Trading and Stay Awesome!

David
Comment:
ETHUSD - “Two Possible Scenarios Till Feb. 6, 2020 or Feb. 12, 2020.”
Comment:
REMINDER with the 6-Day Time Frame:

Comment:
BOTTOM LINE: Just stay in for a while and enjoy this ride. ; )


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