WyckoffMode

May Ride Along Yellow Trend Line in 6h TF Till 4/5/19 - 4/7/19

WyckoffMode Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
I showed you which Yellow trend line in the 6h Time Frame in the video. It's the highest DIAGONAL Yellow Trend Line in the 6h. Based on where the price went to above the yellow line the FIRST time it poked its head above the Yellow Line; it appears we may ride along that yellow line (bouncing up and down off of it) in an arc from down to up then back down; rather than a bowl from up to down then back up.

Kommentar:
I'm anticipating a price pattern similar to the RED SCRIBBLE rather than the WHITE SCRIBBLE:

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Made one correction with the RED SCRIBBLE. NOTE: I made one decent dip in the middle of the red scribble before going back up again. THEN exhaustion beginning on or around April 5th to 7th.

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Earlier today we hit my $4,094.50 FIB. Now, we just hit my $4,130.74 FIB. I'm still anticipating we continue to follow the upper yellow diagonal trend line acting as support (for the most part). However, I also anticipate we have a decent drop below it then come back above it BEFORE April 5th to 7th anticipated drop.

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UPDATE:

Have a look at text bubble and Aqua Blue Scribble.

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If you have not yet watched this 8 minute video on the significance of the 5th to the 7th Day of the month, you may want to have a look.


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