Zet4reticuli

Red RSI crossed 50 in the Daily

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The Red RSI in the daily timefrime crossed level 50, which indicates that the price will go down to the lower white BBand, which is about around 30k. This will probably play out during the next 48 hours.

Also, the white energy in the 12 hour timefrime did not manage to come up over level 50 during the red RSI's crossing in the daily timefrime wich underlines the thesis.

This is my first post btw.

Cheers
Comment: Also, i would like to point out that in lower timefrimes (3h, 6h) the white energy is higher than the green line. This would confim downward pressure.
Comment: Now the red RSI in the 12h timefrime also crossed level 50. Probablities are very high that we will see 30k-31k at least.