Some insights panned out, not all. Nevertheless, the red path was dead on top and bottom. Inebriated mania severed by a wyckoff top.
The weight of the Monthly MACD momentum spike happened to tip price over, corroborated by price drifting underneath the 12 EMA. These were the signals.
These signals are reversed now. Momentum is poised.
12 EMA flipped.
What is expected, lower prices and higher prices? What about an extended lull that grinds into an unexpectedly massive climb.
There are reasons for this analysis, one is a new concept on nobody's radar yet. First, the weekly MACD seems to need a short breather. What is more interesting, however, is the Fibonacci time sequence marked in Blue. Cycles lining up since in 2009, btc genesis.
The weight of the Monthly MACD momentum spike happened to tip price over, corroborated by price drifting underneath the 12 EMA. These were the signals.
These signals are reversed now. Momentum is poised.
12 EMA flipped.
What is expected, lower prices and higher prices? What about an extended lull that grinds into an unexpectedly massive climb.
There are reasons for this analysis, one is a new concept on nobody's radar yet. First, the weekly MACD seems to need a short breather. What is more interesting, however, is the Fibonacci time sequence marked in Blue. Cycles lining up since in 2009, btc genesis.
Comment:
more or less flat for some time in the works