WHY IS NO ONE LOOKING AT THE CHARTS!!! EVERYONE IS BIAS
$BTC update - MACD/BTC vertical analysis 1W chart
Key dates
22nd January 2018
26th August 2019
2nd March 2020
7th September 2020
All these dates have something in common, MACD cross!
As you can see on the Bitcoin MACD cross another cross seems to be coming, decreasing volume since February 15th + strong bearish divergence (which we talked about in the last post) + dumb money entering the market.... the seems like December 2017 pre crash all over again! Have people forgotten? Or are they tunnel visioned on more profits. No one is looking at the charts!!! No one is talking about this!
But here at the MegaWhale VIP we trust the charts and we look at all angles from a non bias perspective so we can be prepared no matter which the direction of the market turns.
Key support is still $50,000 a break here would send us to re test/ find support on the 50-100 day EMA at $32,000-$22,000 range. Let’s hope this doesn’t happen and bitcoin volume can take a massive turn in the next few days.
Key dates
22nd January 2018
26th August 2019
2nd March 2020
7th September 2020
All these dates have something in common, MACD cross!
As you can see on the Bitcoin MACD cross another cross seems to be coming, decreasing volume since February 15th + strong bearish divergence (which we talked about in the last post) + dumb money entering the market.... the seems like December 2017 pre crash all over again! Have people forgotten? Or are they tunnel visioned on more profits. No one is looking at the charts!!! No one is talking about this!
But here at the MegaWhale VIP we trust the charts and we look at all angles from a non bias perspective so we can be prepared no matter which the direction of the market turns.
Key support is still $50,000 a break here would send us to re test/ find support on the 50-100 day EMA at $32,000-$22,000 range. Let’s hope this doesn’t happen and bitcoin volume can take a massive turn in the next few days.