WyckoffMode

Downward Pressure Continues: POSSIBLE 100% Re-Trace to $0.0693.

BINANCE:ADAUSDT   Cardano / TetherUS
As pointed out in the video; we need the White Energy in the 4-Day to CLOSE above 50 before the Red RSI in the 8-Day CROSSES below 50 in order to have a chance of reversal to sustained upward pressure. Judging by the way the indicators look presently, I do not see a chance of that occurring by mid September. We may continue with this downward pressure through the entire month of September. Labeled this a "Short" position for the Mid Term. This is NOT a very short time frame analysis for Day Traders looking to margin trade in very short time frames.


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