If the bottom is in, its up from here (Long)

19 Haz 2022

Another divergence, the reds are strong bearish Divergences, yellows weak bull, green strong bull. If we see a bounce and a close above the EMA we can possibly hope for a relief rally as BTC has been hammered recently and the stock market appears to be slowing down in its drop. However fundamentally and technically it does not look good at all. Also the sudden spike in the most recent MACD bar can signify a fake dump and a sudden reversal could be upon us.