😤 740.470—just a hair away from climbing above the moving-average cluster, closing above it at +0.08%. This 15m bullish candle, $BNB , pushed the price up through all three lines. It looks like a turnaround.
🔥 But I took my hand off the buy button.
😳 CCI is at -52.9, the MACD histogram at -0.20880, and both DIF and DEA are still below the zero line. That’s just brushing the threshold, not getting back on your feet. The 1h and 4h moving averages are still tangled up, and neither has given the green light. BTC and ETH are both leaning bearish, so the door to altcoin longs is firmly shut.
Buying now would be carrying this candle on your shoulders just because it managed to climb above the cluster.
👀 I’m not opening a position. I’ll wait.
I’ll wait for the CCI to cross back above 100 and the MACD histogram to turn positive and hold before considering a long. 740.470 is the dividing line—is this where the old bulls, who closed above the cluster 86% of the time, reignite, or will price just brush the cluster’s upper edge and fizzle out?
Three charts are right here. Are you betting it’ll climb back above 100 on the CCI and keep rising, or is this +0.08% the bulls’ last gasp? Pick a side in the comments.
#ETH #BTC $ETH $BTC
🔥 But I took my hand off the buy button.
😳 CCI is at -52.9, the MACD histogram at -0.20880, and both DIF and DEA are still below the zero line. That’s just brushing the threshold, not getting back on your feet. The 1h and 4h moving averages are still tangled up, and neither has given the green light. BTC and ETH are both leaning bearish, so the door to altcoin longs is firmly shut.
Buying now would be carrying this candle on your shoulders just because it managed to climb above the cluster.
👀 I’m not opening a position. I’ll wait.
I’ll wait for the CCI to cross back above 100 and the MACD histogram to turn positive and hold before considering a long. 740.470 is the dividing line—is this where the old bulls, who closed above the cluster 86% of the time, reignite, or will price just brush the cluster’s upper edge and fizzle out?
Three charts are right here. Are you betting it’ll climb back above 100 on the CCI and keep rising, or is this +0.08% the bulls’ last gasp? Pick a side in the comments.
#ETH #BTC $ETH $BTC
