WyckoffMode

Downward Pressure in Near Term but NOT Mid Term; Which See...

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
The purpose of this publication is a "follow-up" to the previous publication to ease the minds of those who may think we're dumping now and may have second thoughts as to whether we will actually reach the 50-EMA in the 2-Day Time Frame or the 100-EMA in the Daily Time Frame.

PREVIOUS PUBLICATION if you have not seen it yet. Be sure to have a look at the additional charts and information in the comments section of this publication after watching the video if you have not seen it yet.

Comment:
Read this text bubble in this Daily (24h) TF:

Comment:
When I switched the time frame from 24h to 6h time frame, the only thing I altered in the drawing inside Godmode was the color of the line I drew. It was Green and represented the Green Line in the 24h. NOW, I changed the color to Aqua Blue to represent the Blue LSMA (Least Square Moving Average) in the 6h TF to show you how February 26th could POSSIBLY be the date we reach the peak of our upward pressure and reverse to downward pressure.

Comment:

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