Short

Downward Pressure Continues: Race Between 6h Energy & 12h RSI

Updated

Video speaks for itself. Want to get this published quickly.

Stay Awesome!

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NOTIFICATION:

ANYONE wanting to ask user TradingSafely for access to his indicator ought to demand he give me access to his indicator for 24 hours to pair up with mine side by side in a video publication to size it up just to see how RELIABLE it is compared to mine. THEN we will find out if it is my indicator that is a "hilarious cartoon indicator" -OR- if it is in fact his indicator that's a laughable "hideous cartoon indicator." I honestly don't think he has the balls to allow me to compare his indicator with mine LIVE FOR THE ENTIRE WORLD TO SEE.

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UPDATE:

Here's a look at indicators in the 3h, 6h, 12h and 24h time frames with notes. BOTTOM LINE: We need the White Energy in the 12h to "CLOSE" above 50 "BEFORE" the Red RSI in the 24h can "CROSS" below 50. If we have a tie, the higher time frame wins the tie. Regardless of whether we have a tie or one clearly wins, we should look to see if the Green is HIGHER than the White Energy in both the 3h and 6h time frames to CONFIRM a reversal to upward pressure. Currently, the White Energy is higher than the Green Line. We need the Green higher than the White Energy for a CHANCE of reversal to sustained upward pressure.

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UPDATE:

Here is a more sophisticated Wyckoff Accumulation Schematic during a time of significant amount of MARGIN exchanges in Bitcoin.

Here is a more BASIC Wyckoff Accumulation Schematic during a period in which we had very few MARGIN exchanges for Bitcoin:

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UPDATE:

NEW Video Publication currently uploading... It will be published within approximately 10 minutes.

WyckoffMode

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