Looking Like We Have a Pull-Back This Weekend (Next 24h Candle).

ビットコイン／米ドル (BITSTAMP:BTCUSD)

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BITSTAMP:BTCUSD ビットコイン／米ドル

The reason I'm saying we likely have a pull-back this weekend is because the White Energy in the Daily (24h) will come down to hit the 50% level BEFORE the Red RSI in the 2-Day TF can "CLOSE" at or above 56 percent. However, I'm anticipating a SHALLOW DIP instead of a deep drop. WHY? Because I'm expecting the Red RSI in the 2-Day to make it ABOVE 56 percent AFTER the White Energy in the Daily has dropped below 50 percent. I will follow up with a few charts with text bubbles shortly.

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By the way, a margin short with LOW LEVERAGE (3x or less) can be implemented with a stop loss cause it's looking like potential for a dip this weekend. I will be providing a screenshot of the 24h and 2-Day TF's shortly.

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Here's the Daily (Left) and 2-Day TF (Right):

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UPDATE with the 24h time frame (left):

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I've posted this already... Just wanted to emphasize once again that the White Energy in the Daily (24 hour) time frame has actually moved UP rather than down after posting this video. Which means we continue to experience upward pressure until the White Energy comes down to hit the 50 percent level.