ADAUSDT: Upward Pressure Short Term; See Next 12 hours...
Hi Everyone! Let's see where this current upward pressure takes us over the next three to four 3-hour candles (9 to 12 hours) "after" the current 3-hour candle with 1 hour 40 minutes remaining. I don't want to draw conclusions just yet.
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UPDATE:
Here's a look at the 3-Hour TF:
Here's a look at the 3-Hour TF:
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UPDATE:
This current 6-Day candle has 4-Days remaining. Let's see if the price action can at least remain sideways or turn up durning this remain 4-Days and push the Green EMA up for the Red RSI to make contact with the Green WHILE it is going up; indicating upward pressure.
This current 6-Day candle has 4-Days remaining. Let's see if the price action can at least remain sideways or turn up durning this remain 4-Days and push the Green EMA up for the Red RSI to make contact with the Green WHILE it is going up; indicating upward pressure.
This publication includes a little bit of discussion about "Upward Pressure Races."