BTCUSD: Red RSI in 12-hour Has a LOT of Work to do. CAREFUL

Hi Everyone! The Red RSI in the 12-hour still has a LOT of work to do in order for upward pressure to CONTINUE for a sustained length of time. Do NOT assume we are seeing a reversal to sustained upward pressure here. We need the Red RSI in the 12-hour to get above Level 50 in order for upward pressure to CONTINUE until the White Energy gets back down to Level 50. Which means what? If the Red RSI is not above Level 50 in the 12-hour, the very moment the White Energy turns down in the 12-hour, we can see the price action turn back down immediately with it. WHY? The red RSI is NOT above Level 50 in order for that upward pressure to SUSTAIN ITSELF.

Happy Trading and Stay Awesome!

David

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UPDATE:

We have a NEW 12-hour candle beginning in less than an hour. We'll see what the 12-hour looks like; as well as many more time frames in less than an hour.

Here's the 12-Hour:

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UPDATE:

You will want to invest your valuable time watching this one... Also read the description before or after watching the video...

We Do Not KNOW, What We Do Not Know Until We Know It

17:08