It is very hard to predict the cryptocurrency market. Alot of traps and TA is almost impossible at most of the times. My first thoughts are we are in a trend reversal (going to a bear market) solo because we crossed the 200 moving average. Still in mind that this is not the real stock market and so volatile that we might see a huge run up back to normal. let's wait and see what happens; still nog buying in untill BTC goes back up the 200 ma and i see a serious crossing on the macd Also i would like to see the 20 and the 50 ma cross aswell.
good trading.
leave comment and tips ( i'm completly new to trading and TA-)
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@ the 4 hour chart it seems that macd is getting closed doh