#BTC - #MACD #1W (Dr. #MOONING or Mr. #BULLTRAP?)
May 21st looked like it might turn things around, however, the past few days have been exhausting.
The best buy in window was on the 11th for a 2 day run back up ~10-15%.
Volume is continuing the decrease.
MACD is showing signs of a possible scalping and then continued decent. If he breaks through the 0, then a new support line will have to be created. It could also reverse, but if it was going to reverse, it would have to happen within the next two weeks.
V.I Is showing a positive momentum, but I'm not so sure this is going to be true as we walk into next week. I suspect we're going to continue to move sideways.
(simply observations, trade at your own risk)
The best buy in window was on the 11th for a 2 day run back up ~10-15%.
Volume is continuing the decrease.
MACD is showing signs of a possible scalping and then continued decent. If he breaks through the 0, then a new support line will have to be created. It could also reverse, but if it was going to reverse, it would have to happen within the next two weeks.
V.I Is showing a positive momentum, but I'm not so sure this is going to be true as we walk into next week. I suspect we're going to continue to move sideways.
(simply observations, trade at your own risk)
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