2 day smart money contraction
Updated
The is a two day chart squeezed into 1 hour chart. Contraction 3 candles work in order. Pivots are set. Areas not aligned because that’s it's location. Contraction goes with an uptrend, downtrend then uptrend. That’s how it reads. So uptrend should come next forming into a harmonic.
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Just incase if ya must know. Coinbase & NYSE looks mega positive for tomorrow based on pivots, means BTC has more to go.Note
NYSE and coinbase is up doing more than good, smart money is dipping. Will recover.Note
Coinbase stock should go to $168 based on buys and sells then a small dip to $163. NYSE shows to move up to $16,828 then a dip to $16,719.
This is a quote based on real pivotes. May go tiny above it or beneath it based on smart money moves. Smart money know how we think, they create charts with their billions so that we can draw them out and try and tap traders. So pivots I get don't point out where candlesticks are. They are looked for and pin point somewhere around the area zone. This pivots are going back in history which are not repainted but are common practices by smart money.
At times ORDER BLOCKS do work but I’ve realized smart money creates many with pullbacks.
(It’s like a poker game which leads no where with plenty of bluffs)
If traders use pivots to point to where candlesticks are, beware; back test it but I’d rather not go that route because I’d rather go with what smart money can’t see.
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Maybe a dip based on pivot to $41,862 then moves to $44,442.Note
I’m using this pivot measures; non-parametric test used to measure the strength of association between two variables, where the value r = 1 means a perfect positive correlation and the value r = -1 means a perfect negataive correlation.
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Quick update: coinbase stock & NYSE for buys and sells shows uptrend positive for tomorrow based on pivots. The more the better.
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Coinbase stock and NYSE are still positive in value. 2 days squeezed into 1 hour created a bullish harmonic.
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Coinbase stock made it to $168 based on Pivot calculation like this: measurement the similarity between two vectors of an inner product space. It is measured by the cosine of the angle between two vectors and determines whether two vectors are pointing in roughly the same direction. It is often used to measure document similarity in text analysis yet using it for BTC in a pivot form.
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If you’d like for me to measure BTC again always feel free to let me know. I understand at times when it’s dipping ya may be in doubt about selling or not.
If there is an Altcoin you’d like for me to investigate, let me know.
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ADL decline took place by NYSE dipping, this causes on most cases some crypto to dip also but not always. While about to dip, smart money and general traders on short trades due to diligence, sell. Now 2 things will happen, If NYSE uptrends and so by doing that, BTC may remain idle for a moment, dip a little or follow the NYSE trend
OR
will spike with more value and if idle, will gain strength eventually.
On the other hand, smart money may want to dip it for a greater fall, this goes along with a huge uptrend sometime later.
To much to say. For now I can just share this.
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