BTCUSD: Do NOT Assume This Cannot Go Down! Let Me Explain
Hi Everyone! We currently have a MAJOR battle with the 12-hour and 24-hour "having-a-go" at pushing up the Red RSI and Blue LSMA in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly. The question is, "Can we get enough momentum behind the Blue LSMA and Red RSI in the 12-hour and 24-hour (currently heading up) to have enough "strength" to push up the Red RSI and Blue LSMA in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly.
We currently see the Immediate Group pushing down with their Red RSI and Blue LSMA. Which in turn is pushing down our 30-Minute Red RSI and Blue LSMA; which in turn is pushing down the Red RSI and Blue LSMA in higher time frames. Will we eventually begin to see expansion down in the Short Term Group of time frames "IF" this downward pressure continues in the Immediate Group and continues to push down the Red RSI and Blue LSMA in the Group of time frames in our Short Term Group? This will take time to play out if this is the case. At least 8 to 14 hours; when looking at the current level of the Blue LSMA in the 3-hour time frame. For this is the time frame we would need to see considerable expansion down if we were to see expansion down to the White/Aqua LOWER B-Bands in the 9-Day time frame.
BOTTOM LINE: It will take time to play out... By the way, I "normally" WARN OF TRAPS in publications and SHOULD HAVE WARNED of traps in the previous publications. There is a MAJOR battle going on at present and we simply have to monitor this to make the determination which will be the case in the 3-hour, 4-hour, 6-hour and 8-hour. For expansion in those time frames will be the precursor to what occurs in the 12-hour and 24-hour; which would determine if our Red RSI and Blue LSMA in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly continue going down or if we see a reprieve and they begin to turn back up; started by a Green Line coming up in those higher time frames.
Happy Trading and Stay Awesome!
David
We currently see the Immediate Group pushing down with their Red RSI and Blue LSMA. Which in turn is pushing down our 30-Minute Red RSI and Blue LSMA; which in turn is pushing down the Red RSI and Blue LSMA in higher time frames. Will we eventually begin to see expansion down in the Short Term Group of time frames "IF" this downward pressure continues in the Immediate Group and continues to push down the Red RSI and Blue LSMA in the Group of time frames in our Short Term Group? This will take time to play out if this is the case. At least 8 to 14 hours; when looking at the current level of the Blue LSMA in the 3-hour time frame. For this is the time frame we would need to see considerable expansion down if we were to see expansion down to the White/Aqua LOWER B-Bands in the 9-Day time frame.
BOTTOM LINE: It will take time to play out... By the way, I "normally" WARN OF TRAPS in publications and SHOULD HAVE WARNED of traps in the previous publications. There is a MAJOR battle going on at present and we simply have to monitor this to make the determination which will be the case in the 3-hour, 4-hour, 6-hour and 8-hour. For expansion in those time frames will be the precursor to what occurs in the 12-hour and 24-hour; which would determine if our Red RSI and Blue LSMA in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly continue going down or if we see a reprieve and they begin to turn back up; started by a Green Line coming up in those higher time frames.
Happy Trading and Stay Awesome!
David
Comentarios:
UPDATE:
Pointed out in the video we could see potential expansion down two or three 3-hour candles after the current 3-hour candle in the video. That time has arrived and we are seeing expansion down in the 3-hour time frame. I'm going to sleep... Much work to do tomorrow.
Stay Awesome!
David
Pointed out in the video we could see potential expansion down two or three 3-hour candles after the current 3-hour candle in the video. That time has arrived and we are seeing expansion down in the 3-hour time frame. I'm going to sleep... Much work to do tomorrow.
Stay Awesome!
David
BE ADVISED: With the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly currently showing downward pressure; we should NOT "assume" we are going UP just yet... People act as if they KNOW we are without a doubt going UP right now... REALITY? They don't know what they don't know until they know it! PERIOD...
The PURPOSE of my analytics is to POINT OUT we have a LOT OF WORK to do to get the Blue LSMA and Red RSI out of the hole it dug for itself in the 2-Day time frame. We have a LOT OF WORK to do to STOP the Red RSI and Blue LSMA from CONTINUING DOWN in the 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and Weekly.
That LOT OF WORK has to begin SOMEWHERE... Which would be the LOWER time frames. We are CURRENTLY seeing upward pressure having built up "some" in the 12-hour and 24-hour. However, in order for this upward pressure to CONTINUE we need to see the Short Term Group continue to show upward pressure. The higher the Red RSI and Blue LSMA get in that Short Term Group will provide more "STRENGTH" behind the move up in the 12-hour and 24-hour...
Well, the 30-minute may end up pushing down the Red RSI and Blue LSMA in the 60-minute and higher time frames in the Short Term Group.
HOW do we see if the downward pressure in the 30 minute CONTINUES pushing down the Red RSI and Blue LSMA in the 1-hour, 2-hour, 3-hour, etc...? By our Immediate Group...