For now, I'm going to say LONG on REPBTC and "try" to explain "why" as a "legitimate" Thinking Out Loud [As opposed to that laughable thinking out loud I did with fib circles loloool : O]
I'm starting with Weekly TF to see Long Term Trend (LTT):
For starters, we have a Red Line that has entered into the LEFT side of a White Line [Indicating UPSIDE].
Going to 5d TF (Time Frame - The amount of time in each candle - whether red or green - for new ones):
評論
⋅
Sorry, THAT was 5d TF. The weekly indicator did not provide enough info for TA. Which see:
評論
⋅
3D TF: We still have Red Line entering into the LEFT SIDE of a White line that is GOING UP. This would indicate UP SIDE.
評論
⋅
The Two DAY (2d) TF has A white line and a Red Line approaching one another:
評論
⋅
Text Bubbles speak for themselves. Which see:
評論
⋅
The Daily:
評論
⋅
I have NOT moved where the tips of the text bubble points were located in the previous TA: I will move and add more accordingly in the next post of same TA:
評論
⋅
The above chart was 18h (18 hour) TF.
評論
⋅
All BLUE lines mark entry points. ALL PURPLE lines mark exit points...
評論
⋅
12h TF with NOTHING CHANGED from previous chart:
評論
⋅
Same 12h TF but with adjustments:
評論
⋅
8h TF with absolutely nothing changed:
評論
⋅
6h TF with absolutely nothing changed:
評論
⋅
4h with nothing changed:
評論
⋅
4h zoomed in to current:
評論
⋅
196m TF:
評論
⋅
154m TF:
評論
⋅
Keep in mind I have not edited one single line:
評論
⋅
評論
⋅
REMEMBER:
When red line enters into the LEFT SIDE of a white line that is MOVING UP; this means the move is UP SIDE.
When red line is exiting out the RIGHT side of a white line that is MOVING DOWN; this means the move is DOWN SIDE.
評論
⋅
REPBTC will be going up some shortly:
評論
⋅
Red line entering left side of a white line that is moving up.
Meaning upside potential more than likely.
評論
⋅
Look at the 2h TF.. The red line is coming outside the right side of a white line moving down; indicating downside potential. However, the red line is still angled up and NOT down. So, the TREND is still up EVEN THOUGH we are currently going down a bit.