BTCUSD: POTENTIAL to Come Down Again.

Be MINDFUL of the Blue LSMA in the 6-hour. Also, we see POTENTIAL for continued EXPANSION "DOWN" in the 2-Day, 3-Day, 4-Day, 5-Day time frames. So, those who were in the LIVE stream with me when we called Margin Long around $42,600 to $43,600, you need to be careful of POTENTIAL continued expansion down. How much expansion? We don't know that yet.

Happy Trading and Stay Awesome!

David

Comment:

UPDATE:

BOTTOM LINE: We need that Blue LSMA in the 6-hour to get above Level 30 to have a "CHANCE" to see the price action go UP with contraction of the B-Bands. At present, the Blue LSMA in the 6-hour is still remaining rather low. So, PLEASE be mindful of this...

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UPDATE:

Is it POSSIBLE this is a false alarm and the price action continues to RANGE sideways? Sure.... I just want everyone who was in that 1st LIVE stream I did during the drop to $42K to be AWARE of the POTENTIAL for expansion DOWNN in case you opened a margin long where I suggested during that LIVE stream.

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UPDATE:

The B-Bands are still very tight in the 30-minute, 60-minute, 90-minute and 2-hour:

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UPDATE:

I'm super exhausted after three (3) marathon LIVE streams. Never felt like this before... Had very little sleep in between each LIVE stream (avg. of about 4 to 5 hours between each marathon). Stayed awake an average of 24 hours between each marathon of LIVE streams. I'm not a young man anymore. I "must" get back to more sleep. I just ate some chicken, rice and beans and MUST get back to sleep to "recoup."

Stay Awesome!

David