Monthly MACD is looking really bear, have been saying this for a long time now and looks there are higher odds of losing 6k looking at long-term indicators than bouncing here. Will be interesting watch for sure. 4800 USD looks like the 1.618 extension of this last wave.
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Monthly MACD, sharply coming to a bearish cross, unlikely to bounce.
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Sorry the 1.618 is at 4481, but 4800 seems to be a good support too from trendlines.
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Looks like it will happen on 21 June Summer Solstice, an astronomical event!
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Large timeframe 1 Month is coming to a close on MACD, best support to buy is the yellow support line in future.
Trade active
Trade active:
We hit the 2 time-extension! Fractals seems to play out nicely.
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Bitmex went below 6000
Trade active:
Fractal kicking in :)
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Best buy in October-November, not time to enter a long now.