From time to time I publish such ideas.
The situation flowing from one timeframe to another timeframe.
So we have a correction, which may first lead the bitcoin to the area of $ 25,200-25,000...
This process may well take the rest of the week or more.
But! Look at the weekly chart with MACD on.
A «bad» cross may well form, if not this week, then as early as next week.
Crosses on the weekly MACD usually cause even more declines.
Given that Cluster Algorithm showed a bearish divergence that has not yet worked out,
I believe we have everything ahead of us.
The situation flowing from one timeframe to another timeframe.
So we have a correction, which may first lead the bitcoin to the area of $ 25,200-25,000...
This process may well take the rest of the week or more.
But! Look at the weekly chart with MACD on.
A «bad» cross may well form, if not this week, then as early as next week.
Crosses on the weekly MACD usually cause even more declines.
Given that Cluster Algorithm showed a bearish divergence that has not yet worked out,
I believe we have everything ahead of us.
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Weekly MACD cross has appeared!
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A cross of kijun and tenkan on the weekly chart.