XBTUSD
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If you look at the current situation below the daily chart, chances are high that the price will fall.
But if you look above the weekly chart, it doesn't look very bad.
At the beginning of 2019, the MACD moved up to its zero point, rising, and now falling.
This is different from when the MACD scored zero in 2018.
In order to overcome this, the volume of transactions corresponding to square section 1 must occur.
The 1st and 2nd counters show the opposite, with the ups and downs, but the progress is likely to change depending on how the volume is coming out.
Break the short-term uptrend line and check if it falls.
I think number two of the wave Principle is coming to an end.
But if you look above the weekly chart, it doesn't look very bad.
At the beginning of 2019, the MACD moved up to its zero point, rising, and now falling.
This is different from when the MACD scored zero in 2018.
In order to overcome this, the volume of transactions corresponding to square section 1 must occur.
The 1st and 2nd counters show the opposite, with the ups and downs, but the progress is likely to change depending on how the volume is coming out.
Break the short-term uptrend line and check if it falls.
I think number two of the wave Principle is coming to an end.
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Other content (coins, stocks, etc.) is frequently posted on X.
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