Today I'll be watching Weekly, Monthly, and Bimonthly timeframes and get trigger trades from a Daily perspective.
Bitcoin's weekly candle closed with a good posture and didn't break the $ 11500 level. also on the Monthly, it is literally an uptrend and $ 14000 target. But in the 2M it's still processing. If the 2M candle closes like this, the 2M timeframe will...
It's hard to be bearish if the BiMonthly candle closes like this. on the other hand, if the Monthly candle closes above EMA21 it's no longer bearish in the Macro and Long term.
But note that Bitcoin could test lower levels such as $ 6000 for playing out a Correction .
About that 2D Death Cross:
The first change of behavior was the candle close above the...