I don't endorse any entry or exit actions based on any kind of indicators, but one thing for sure is that MACD Daily on BTC is a fairly reliable monitor for BTC trend reversals on macro level. And accordingly, the bear movement is in fact far from its end. What one may expect at best for the next some weeks (until MACD and Signal lines cross on southern side of the MACD chart) is a sideways market.
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.