BTC: Redistribution Part 2
Hi Everyone! This is obviously "part 2" of our Bitcoin analysis. In this publication, I cover lower time frames a bit more and point out how the Red Line is already at Yellow Level 50 in the 11-Day, 12-Day and 13-Day time frames BUT the Price action is "not" at the Yellow B-Band Basis yet. This increases the odds for us to go down to the Yellow B-Band Basis even more in the 11-Day, 12-Day and 13-Day time frames in my opinion.
11-Day [Top Left Corner]; 12-Day [Top Left of Center]; 13-Day [Top Right of Center]:
Our Near Term Group (12h, 24h, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week) all suggest "continued" expansion DOWN as well. Look how many of the time frames have both red and blue lines BELOW Yellow Level 50; suggesting some type of expansion down. Whether it would be stage 1, stage 2 or even stage 3 expansion DOWN.
11-Day [Top Left Corner]; 12-Day [Top Left of Center]; 13-Day [Top Right of Center]:
Our Near Term Group (12h, 24h, 2-Day, 3-Day, 4-Day, 5-Day, 6-Day and 1-Week) all suggest "continued" expansion DOWN as well. Look how many of the time frames have both red and blue lines BELOW Yellow Level 50; suggesting some type of expansion down. Whether it would be stage 1, stage 2 or even stage 3 expansion DOWN.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.