Prior bar a return to Dominant Long forming B turn of current C trend long. Current bar retrace to long RTL, anticipate XO of this line and reversal to close above the line for continued long. If close is below the line, look for increasing volume for return to larger intermediate trend short. If price reverses long prior to short RTL XO with increasing pace, then anticipate VE long.
What is your prediction for BTC?
- Thread starter Evermore2017
- Start date
Prior bar a return to Dominant Long forming B turn of current C trend long. Current bar retrace to long RTL, anticipate XO of this line and reversal to close above the line for continued long. If close is below the line, look for increasing volume for return to larger intermediate trend short. If price reverses long prior to short RTL XO with increasing pace, then anticipate VE long.
How to you come to that conclusion ... and why would you? Rather see if it does and not have a bias in place.
The low of the current bar is in. Volume pace might be increasing, don't quite know yet. However we do see that current price after this bar is heading toward a decision point on 9/23 with the convergence of the short and long. If this bar's current volume surpasses the previous bar we know that the current long trend has reasserted itself.
Observing the current PV relationship, on 9/18 that Dominant bar of +P and +V set a zone for a Lateral by the following two bars are within it both in price and volume.
Since the Market's System of Operation is event based and cyclic, ebbing and flowing like the tide or a heartbeat, what we know about a current observation of decreasing volume is that volume will increase sometime in the future. It could continue decreasing, whereas one is a signal of change and the latter a sign of continuation. This previous statement can lead to confusion when "fractal jumping" occurs. For continuation at one fractal can be change on the fractal above/below.
Volume alone isn't the indicator, it's the relationship between volume as the independent variable determining price as the dependent variable. Looking at a current bar building, we don't know until EOB if the accumulated volume increased or decreased from the bar before. We can if we go to faster timescales or by creating tooling to observe the current bar's volume pace - the rate by which transactions are accumulating. This rate and direction fluctuates within each current bar.
We do know that the Intermediate long trend has lost it's initial momentum by it's XO of the RTL. It can establish a new pt3 for a new lower sloped trend. The current bar is currently in a non-Dominant move. We see this by -V.
We are also at a moment of a larger timeframe area of congestion, convergence and centering.
I don't know if it's possible to not have a bias. However, I do know that it is possible to understand the bias we have.
We can balance the bias in both directions by mocking up possible collaborating/competing scenarios and what must come into being as those scenarios unfold. This is the distinction between anticipating and predicting. The first is dynamic, the second is static. This mock-up is facilitated by IF, THEN statements.
When a bar first opens, it's possibilities are great but as it come to EOB, those paths reduce to the path of least resistance, to it's finite and precise close.
Low volume, price continues drift. Current bar close handle XO RTL. If volume does not surpass previous bar volume nor closes below low of 9/18, short non-Dom traverse completes on this or next bar. If next bar closes long with increasing volume, Dominant long still intact, else this non-Dom traverse becomes a reassertion of Dominant short.
BTC is going to go very very low when everyone realizes it is neither a store of value, and has no value as a store. There are too many other options out there which cost less.
LOL 6 years and $1000 of dollars higher in counting later.
So, That's the End of Bitcoin Then
Forbes Tech
JUN 20, 2011 @ 04:42 AM
https://www.forbes.com/sites/timworstall/2011/06/20/so-thats-the-end-of-bitcoin-then/#48b49e35d717
Currently A turn. Anticipating a C turn with vol surge long.
If vol surge is short, early reverse at green bookmark, confirm XO with close.
Monitoring pace, will determine the area in the lavender zone as the profit segment reverses and sets-up for the non-Dom traverse.
Knowing this on a 5min bar is as easy as this Daily bar. Being in partnership with the market and reading what's presenting, annotating to create context with what-came-before, and anticipating the future coming into the present.
MADA is so much like sailing, surfing, skating, gliding, coasting, flowing,...
Orchestration
Navigation
Enter,... be in the market, it continues until it changes.
You are the one to pay it forward,.. through thinking and feeling,.. thinking and feeling,...
!! ka-Ching!!
