BTCUSD Short Term Bearish Move - $42K possible?
If this Red RSI in the 90 minute closes below 50, then the white energy in the 90 minute needs to close above 50 before the Red RSI in the 3H closes below 50. Right now, with that angle of descent, that looks unlikely.
AND, if the 12H Green closes below 50, especially with the Red RSI heading down strong with it, we could see a Bearish move to the Yellow Basis Bollinger Band, near
42K
This is not trading advice.
Phoenix Ascending Indicator by WyckoffMode - thanks to David for AAAALLLLLL the education he provides on this platform for free.
AND, if the 12H Green closes below 50, especially with the Red RSI heading down strong with it, we could see a Bearish move to the Yellow Basis Bollinger Band, near
42KThis is not trading advice.
Phoenix Ascending Indicator by WyckoffMode - thanks to David for AAAALLLLLL the education he provides on this platform for free.
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