BTC MONTH VIEW MACD SELL SIGNAL, INERTIA REJECTION
Hello Traders,
In the long term view, month candle sticks, we see a MACD sell signal.
Inertia rejected at 50, asset should stay down in price as a result of this.
Do not panic, but shakeout imminent.
We may see a continuation of a downward channel for months to come.
I do not see an immediate crash, but this is the safest way for institutional money to exit.
Thank you and have a great day trading!
-dysonring2050
In the long term view, month candle sticks, we see a MACD sell signal.
Inertia rejected at 50, asset should stay down in price as a result of this.
Do not panic, but shakeout imminent.
We may see a continuation of a downward channel for months to come.
I do not see an immediate crash, but this is the safest way for institutional money to exit.
Thank you and have a great day trading!
-dysonring2050
