BTC uncertain, stay out
Price is above the 1hr - 111ma so it's trending up
BUT
MACD is signaling down so we will most likely test the ma
Trade closed: target reached
Now that it broke through the ma, we have entered the downtrend.MACD still signaling increasing negative momentum.
Unless we break back over the ma and maintain a positive momentum, it will continue to drop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.