WyckoffMode

BTCUSD: IMPORTANT Next 16 to 28 Hours

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! As pointed out in the previous publication; it was UNLIKELY for the Red RSI in the 12-hour to "close" ABOVE Level 50 "before" the White Energy in the 6-Hour could "close" BELOW Level 50. So, we expected a period of DOWNWARD pressure to begin when the 6-hour White Energy closed below level 50. As you can see, we are seeing that downward pressure NOW and monitoring downward pressure races in the short term group of time frames. I make several important points in this video to monitor for yourself.

Hope this is helpful...

Happy Trading and Stay Awesome!

David

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