WyckoffMode

BTCUSD: Potential 50-MA in 8hr or B-Band Basis in 12hr

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi Everyone! We see potential to run up to the 50-MA in the 8-hour. Which is also around the B-Band Basis in the 24-hour. I would anticipate us going up to B-Band Basis potentially the NEXT 24-hour candle. I also anticipate a pullback from the B-Band Basis in the 24-hour due to how low the Red RSI and Blue LSMA are currently in the 2-Day time frame.

Okay, need to get to work on some educational content.

Happy Trading and Stay Awesome!

David
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BTCUSD: Casual Conversation of Current Price Action

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