As i said yesterday, this candle was very important.
Why ? Because the 2W MACD never crossed down in a bull market (2013, 2015)
Unfortunately, the MACD has now crossed down. History is now obsolete,
BTC must show something different, something new.
Otherwise, we'll go in a bear market.
We're also losing the EMA21 support at the moment on the weekly.
If EMA13 manages to cross down EMA21, we'll retest the 7k2-7k7 range.
We have big support at 6k2.
Some positive signs..RSI is still above 50, MACD above 0 and DI+ above DI-, but for how long ?
I'm on the bearish side right now.
Why ? Because the 2W MACD never crossed down in a bull market (2013, 2015)
Unfortunately, the MACD has now crossed down. History is now obsolete,
BTC must show something different, something new.Otherwise, we'll go in a bear market.
We're also losing the EMA21 support at the moment on the weekly.
If EMA13 manages to cross down EMA21, we'll retest the 7k2-7k7 range.
We have big support at 6k2.
Some positive signs..RSI is still above 50, MACD above 0 and DI+ above DI-, but for how long ?
I'm on the bearish side right now.
註釋
This scenario in the alt market makes me thing that it could happen to bitcoin too.
That would mean a big move in 2-4 weeks from now above the precedent 2W donchian high of ~14k
註釋
RSI is now below 50 on 1WEMA13 very close to cross down EMA21
RSI is acting as resistance around 50 on 3D
Looks like we'll test 6k3 soon.
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