In this video I use indicators to do what they do best - indicate. They don't predict, not do they tell us what to do.
Technical analysis is about finding confluence, and heaping confluences together to increase the odds of a particular price action happening.
Here I use three indicators - Market Cipher A (Cryptoface - Paid), Bad Ass Bollinger Bands and Phoenix...
Looking at a race beginning between the White Energy in the 90 minute and the Red RSI in the 3H.
What does that mean for the indicated price action?
Of course, nothing is guaranteed. Except that this is not Advice, merely educational study.
Even as I type this the price action has shot up to $47,200
Doesn't mean we shouldn't keep watching closely!