WyckoffMode

Downward Pressure Continues Potentially to $8,959.05 Stair Step.

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
We will know more on February 22nd when we have a new 3-Day Candle on February 21 and new 2-Day and 4-Day candles on February 22nd. I'll give another update the later part of the day on February 22nd. We are likely working on another STEP of a potential "Stair-Step-Down." We may possibly find $8,959.05 as support before our reversal to upward pressure for the Month of March. I'm leaving this publication labeled NEUTRAL because we are experiencing downward pressure for the near to short term and upward pressure for the mid to long term. Here's a look at the 18 hour time frame.

Comment:
BTCUSD - Posted JUST NOW; titled, "A Look at Lower Time Frames for Potential Stair Step Down..."

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.