Hey guys, so I'm still learning how to use the Phoenix Ascending and the Bad Ass BB indicators by @WyckoffMode
Both these indicators are great because they give you, the analyst, tons of information on many different timeframes without taking away your responsibility to interpret the data you are presented.
DISCLAIMER:
I'm still very bad at using these...
Im still new to TA just publishing this Idea to look at it in the future, you should not take this as any kind of advice.
However I think that BTC should correct in the coming days. The blue LSMA reaching 106 is something we dont see quite often. This may indicate that the price of BTC should go lower. And seeing the Green RSI approaching the 50 on 4h candles...
We might see BTCUSDT correct yet again to the 44000$ or even further down. I placed a fire extinguisher at the 44000$ so that BTC doesnt drop below that level thank me later guys ;)
