Hi Everyone! Yes, we are seeing downward pressure at present. However, I'm seeing the White/Aqua Lower B-Bands in the 3-hour and 4-hour time frames as support. Remember, the Red RSI and Blue LSMA are quite high in the 3-hour and 4-hour. Which means the odds of the price action falling below the B-Band Basis and "staying" below the B-Band Basis for a lengthy time is rather low; based on the upward pressure we still see currently in the 12-hour and approaching an upward pressure race in the 24-hour.

Happy Trading and Stay Awesome!

David