BTCUSD: Casual Discussion of 12hr 2Day & Entire Short Term Group
Hi Everyone! We still have to be super careful of potentially going down to $30K this week. The Blue LSMA in the 12-hour needs a LOT of help from the Short Term Group. However, the Short Term Group currently is not giving it any help. The next 24-hours will be critical to see if we setup for going down to or near $30K or if we are able to stop these downward pressure races from continuing in the Short Term Group with a "Test of Support" event in Accumulation and then go back up to or near "Preliminary Support Range" with another "Simple Rally" event in Accumulation.
Happy Trading and Stay Awesome!
David
Happy Trading and Stay Awesome!
David
BTCUSD: Potential 50-MA in 8hr or B-Band Basis in 12hr