Nailed_it

Nailed_it

Still trying to figure out how to share these charts. I figured I'd post a follow up BTC 1-day chart from my computer since its easier to see. Looks like we need a bounce off $38k in to a micro wave 2 before we test support at the redline. Again, Yellow invalidates below $37.3k. Frankly, its not looking promising at this point as BTC seems to want to test...

Nailed_it

Looks like the Monthly MACD is about to cross over to the downside. More evidence of green Circle iv than yellow circle v IMO.

Nailed_it

Weekly chart showing momentum going down on the MACD. Downside risk is there. Below $37k and yellow invalidates.

Nailed_it

Yellow is looking less and less likely. Green is still my primary. Looks like we will test $38k IMO