Hi Everyone! Simply wanted to provide a quick video to provide more details about the 8 hour time frame. If you have not seen the chart publication posted previously, you may want to check it out. A link to the previous "chart" publication is provided in the description below. This publication is labeled "Short" for the SHORT TERM. This is NOT a Near Term, Mid Term nor Long Term analysis.
"BTCUSD - Odds Are High of Hitting BBand Basis as Well as Chance to Fall Further to LOWER Red BBand if Red RSI "Closes" Below Level 50 in This 12h TF."
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UPDATE:
"BTCUSD - Mid Term Group Analysis (3-Day, 6-Day, 9-Day & 12-Day)."
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UPDATE:
Energy is currently higher than Green in the 6h. Let's see where the Green and Red RSI are when the 12h closes. Let's also see if the Green turns up in the 24h to make contact with the Red RSI.
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UPDATE:
I know you may not want to hear this but there have been growing changes in the indicators over the past 12 to 14 hours. There is actually a GROWING potential for it to turn up soon if certain things play out in lower time frames to line up with higher time frames. I will explain when I get back from my 3 mile walk with my wife and son. I would seriously consider Dollar Cost Averaging at this point if you have not accumulated just yet. Again, I'll explain when I get back from walking.