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Bottomed out or Calm before the storm?

230
BTC has bounced near the support line that has existed since 11/15 of last year. MACD has just crossed over for the bad, and all other indicators are pointing towards more pain. A quick look at the longs vs shorts counter on bitfinex, also tells me there has not been enough pain for longs.

That being said, I see price moving below support and into the next level of support which is around $4600. This will have completed the market cycle chart and will allow us to finally continue moving towards progress.
Not
Looks like its going to retest that support today... watch for a break or a rebound

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.