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We are likely to see a reversal to the upside for BTCUSD no later than October 28, 2019. That reversal to the upside COULD begin this weekend. When BTCUSD goes up, I'm expecting the Composite Group to accumulate Bitcoins by slowly dumping ETHBTC for Bitcoins. Which means BTCUSD "should" go up more in value than ETHUSD eventually. It may not do so in the...
I'm going to post a chart or two shortly after I post this publication to make my point. Especially, with the 3-Day TF. If you had not sold your ETH for USD or USDT yet, you would probably be better off selling it for Bitcoin now rather than getting into USDT to try to buy Bitcoin at or near the bottom of it's USD value. In my opinion, you can get Bitcoin at a...
NOW is the time to be EXTREMELY CAUTIOUS for ETHUSD and ETHBTC. It appears the whales may be setting it up to accumulate more Bitcoin by dumping ETH for Bitcoin WHEN they take Bitcoin up.
We will likely continue sideways for a bit longer WHILE HOLDING current price level as support. The current price level WAS resistance at one time before coming present day support in this Ascending Channel. I'm expecting us to go up to the HISTORICAL RED RESISTANCE BAR by year end and then fall back down briefly once again to a higher low before FINALLY...
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It does not look like we will come down to $156 as I had suggested a month or so ago. The downward pressure is or has already come to a close and upward pressure has or is about to commence. We may see a BRIEF stint of downward pressure begin sometime between September 16th and 17th. There is no shame at all with buying now. If you're unsure, consider buying...
I had ETHUSD, ETHBTC and BTCUSD all up at the same time in this video publication. I do not do this very often in public video publications. I thought I would give it a try to see how it goes. If I continue doing it this way more often, I'll grow more comfortable doing it this way and may ultimately end up providing more valuable information. Who knows... ; ) ...
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We could go down to a price range between $125 and $135 by mid to late September before we see a reversal to significant upward pressure and off to new highs.
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Today we're looking at how the Directional Momentum Flux Strategy (DMF) performed against the Ethereum/TetherUS (ETHUSDT) trading pair on Binance during a study period consisting of the entire month of July, 2019. ETHUSDT had a choppy month, with monthly highs and lows ranging about $130, and DMF was able to identify many momentum inflection...
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Don't forget to hit the like/follow button if you feel like this post deserves it ;)
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Phil
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
We still have a CHANCE for one more leg up AFTER what may possibly be a "TIME" Correction. Meaning, even though we are currently seeing downward pressure in the lower time frames (12h, 24h, and 2-Day time frames), the price action may not go down significantly during this "TIME" or period. We may simply see a "TIME" correction instead of a "PRICE" correction...
I thought it would be IMPORTANT to have a look at several ALT-COIN/USD or USDT pairs FIRST before continuing my TA for BTCUSD. It appears quite obvious to me that ETHUSD is only going sideways at the moment in a tight trading range before legging up once more THEN consolidating to Re-Accumulate in a higher trading range for a while before pumping again. The...
Gray Energy currently heading down in the 2-Day Time Frame. We may not see reversal to upward pressure until last week of May before we actually "leg up" again to a higher high.
