DFI USD At Risk to Falling to About $2.63 in the Near Term
Technical analysis for DFI USD using the near term group of time frames (1D, 2D, 3D, 4D) as a compass and the short term group of time frames (90 min, 3H, 6H, 12H) for more precise entry and exit using the Phoenix Ascending indicators and Bad Ass Bollinger Bands, which are publicly available. Please see video publications by David Ward @WykoffMode for an education on the proper interpretation of the aforementioned indicators.
Note: This is not financial advice. I am not your financial analyst. These are my opinions.
Note: This is not financial advice. I am not your financial analyst. These are my opinions.
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The use of the pitchfork and FIB retracement tools to start an ongoing study of the price behavior of DFI USD.
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Update: The WE in the 90 min crossed and closed below level 50 BEFORE the red RSI in the 3H crossed up over level 50. Thus, the WE won the pressure race between the red RSI in the 3H and the WE in the 90 min and there was a reversal to downward pressure. In addition, in the 90 min, the green line was crossed by the red RSI while the green line was descending, indicating downward pressure in the 90 min timeframe.