Monday, June 14, 2021 11:07:42 PM
I can't remember if I have shared this before. I apologize if this is a repeat.
This chart is a comparison of BTC against ETH. I made the candlesticks invisible and added three averages; 8, 13, and 21. I made the candlesticks invisible so as to show only the three averages. The 13 is a MA, and the 8 and 21 are EMA's so they don't cross on top of the MA.
Here is a live link to the chart for your own use.
https://schrts.co/igYrcVkd
It is a daily chart, but remember crypto trades 24/7. I am pleased and surprised on Saturday or Sunday this chart gave the same signal M gave earlier today. Use it yourself to give you an early warning of a change.
Even though the $BTCUSD macro trend (MACD 65) is still red, the candlesticks on this individual chart of BTC is showing to me a break out to the upside, and the shorter term (MACD 3 and MACD 5) broke above the zero line. So, I did jump into BTC today.
This individual chart of $ETHUSD is suggesting to me it is not yet ready. Stay away for now. MACD 65 still in a downtrend, and no break out of the candlestick.
All FYI, GLTY
This chart is a comparison of BTC against ETH. I made the candlesticks invisible and added three averages; 8, 13, and 21. I made the candlesticks invisible so as to show only the three averages. The 13 is a MA, and the 8 and 21 are EMA's so they don't cross on top of the MA.
Here is a live link to the chart for your own use.
https://schrts.co/igYrcVkd
It is a daily chart, but remember crypto trades 24/7. I am pleased and surprised on Saturday or Sunday this chart gave the same signal M gave earlier today. Use it yourself to give you an early warning of a change.
Even though the $BTCUSD macro trend (MACD 65) is still red, the candlesticks on this individual chart of BTC is showing to me a break out to the upside, and the shorter term (MACD 3 and MACD 5) broke above the zero line. So, I did jump into BTC today.
This individual chart of $ETHUSD is suggesting to me it is not yet ready. Stay away for now. MACD 65 still in a downtrend, and no break out of the candlestick.
All FYI, GLTY
My posts are my opinion. Always trade at your own risk.
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