BTC channel update 10, 1D
Good day to all.
I observe the following on the daily.
1. Emotional Index is Excited
2. Shorts are declining and so are longs
3. Trades in favor is high neutral favoring shorts
4. Institutional Smart Money is still buying and will most certainly short the move up.
5. An exit point or short indicator printed
6. Death Cross still in place.
7. There is not currently a huge amount of pressure in the market
8. The trend is showing weakness
9. The Money Flow is showing weakness
10. I will personally do nothing long until we break and confirm the 50 MA
11. Price action lags behavior.
Have a fantastic day. NFA
I observe the following on the daily.
1. Emotional Index is Excited
2. Shorts are declining and so are longs
3. Trades in favor is high neutral favoring shorts
4. Institutional Smart Money is still buying and will most certainly short the move up.
5. An exit point or short indicator printed
6. Death Cross still in place.
7. There is not currently a huge amount of pressure in the market
8. The trend is showing weakness
9. The Money Flow is showing weakness
10. I will personally do nothing long until we break and confirm the 50 MA
11. Price action lags behavior.
Have a fantastic day. NFA
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