BTCUSD NEAR TERM analysis using Ward method (tentative long)

23 ott 2020

I put tentative long in the title because we still have a short period of downward pressure left.
The thought process is explained in the text bubbles on the chart.

23 ott 2020

Nota

This chart is the same chart as posted in the idea, just you are able to click on it so you can read the text bubbles and zoom in accordingly

Please like the idea and comment below any thoughts you may have. I would greatly appreciate it, thanks!

23 ott 2020

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small update with the 45m, 90m, 3h, and 6h time frames to figure out if that wick down to 12750 was our local bottom or are we going lower.

23 ott 2020

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Another update with the new 45m, 90m, and 3h candles.

23 ott 2020

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Another small update. May need to go sideways for a little while or come down for one last small dip before getting in to position for a leg up.

24 ott 2020

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Getting there... looking like its ready to go up soon. We haven't had a big move on the weekend in awhile so maybe they want to wait until monday to do it.

26 ott 2020

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Yep the stars are aligning. If you are not already in a long position it's time to get on that.

26 ott 2020

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We should run up to our aqua upper bollinger MINIMUM at 138xx but it is very likely we go to the orange at 14350.

27 ott 2020

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Wicked up to almost 13800... still have plenty of room to go folks... i will post an update once daily closes

28 ott 2020

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If you are looking to enter long Id wait for one 3h candle then reassess how things look. Maybe even put 25% in now because there is certainly lots of room for upward movement in the 12h/1day time frames. The question is as to whether there will be a small pullback as the energy in the 3h crosses 50.