BTCUSD Price is not where it actually is in time
Time to put on the tin foil hats:
Software, our brains and our eyes are showing us a phenomenon that we can only measure with visual representations of where price is going. The resistance arcs, when not being active challenged up or down, become a sort of 'time pause'. Essentially, the levels of price action before price entered the arc is technically where price is at in time. The only way to know if this move down here is honest is to wait the next 3 to 24 hours. More than likely, price is well outside of it's current level and above us, waiting for time to catch up. But because we are still in this arc, we can expect to stay in it which means some very violent and swift moves down until we reach the end of the arc in time and price @ around 12500.
Software, our brains and our eyes are showing us a phenomenon that we can only measure with visual representations of where price is going. The resistance arcs, when not being active challenged up or down, become a sort of 'time pause'. Essentially, the levels of price action before price entered the arc is technically where price is at in time. The only way to know if this move down here is honest is to wait the next 3 to 24 hours. More than likely, price is well outside of it's current level and above us, waiting for time to catch up. But because we are still in this arc, we can expect to stay in it which means some very violent and swift moves down until we reach the end of the arc in time and price @ around 12500.
Kommentar:
We are at the pivot in time (red horizontal line), which means a swift move to the top is very probable. This is an extremely important reversal area. Price can take 2-3 days before and after the time cycle to make it's move.
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