WyckoffMode

BTCUSD: 8D Blue LSMA to Trigger Upward Pressure Before 4D Energy

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BITSTAMP:BTCUSD   比特幣
The Blue LSMA (Least Squared Moving Average) appears it will cross ABOVE Level 50 to "trigger" UPWARD pressure BEFORE the White Energy in the 4-Day time frame can come DOWN to "trigger" DOWNWARD Pressure. Which means UPWARD Pressure has increased odds to CONTINUE. To confirm: See if the Red RSI and Blue LSMA are "both" above Level 50 in time frames "lower" than the 8-Day time frame. If the Red RSI and Blue LSMA are "both" above Level 50 in the 12-hour, 24-hour, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and on the verge of doing so in the Weekly; THEN the "odds" of UPWARD pressure continue is increased dramatically.

This is labeled a LONG position for what we see in the Near and Mid Term Group of time frames. Nothing in this publication addressed what to do for the Short and Immediate group of time frames.

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Here is a look at the White Energy in the 4-Day time frame potentially coming back down to Level 50 on or after the 4-Day candle beginning October 24, 2021 (Shown with a curved white dotted line within Phoenix Ascending indicators:

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The 8-Day Blue LSMA is expected to cross ABOVE Level 50 in the 8-Day time frame on the 8-Day candle beginning October 16, 2021. This means the 8-Day Blue LSMA can "Win the Race" by triggering UPWARD pressure before the 4-Day White Energy can cross BELOW Level 50 to trigger downward pressure.

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We also know WHEN the Red RSI and the Blue LSMA "both" cross ABOVE Level 50 in the 4-Day, this encourages the Green EMA to go to a HIGHER Level than the White Energy. Those of you who have followed me a while know when the Green EMA is higher than the White Energy, this indicates BULLISH Sentiment.

ALSO: We know when the Red RSI -AND- the Blue LSMA "both" get higher than Level 50, this promotes EXPANSION of the B-Bands and provides an excellent opportunity for the price action to go UP with "expansion" of the B-Bands.
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I'm about to do a video for ETHUSD.
Then... I'll do one for BNB after ETH.
Then... I'll do ADA after BNB.
Then... I'll do BTC after ADA.

Stay Awesome!

David
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I'll Provide a new update for BTCUSD after we get a new 4h, 8h, 12h and 24h in another 2.5 hours.
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I want to see what the new 5-Day and 10-Day look like in approximately 20 minutes from this writing.
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My Bad... That was ADAUSDT 5-Day and 10-Day

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