📉 Why do we think we’re nearing the end of the downturn?
At market peaks, the MACD indicator reaches elevated levels, then a bearish crossover occurs, marking the start of a correction.
Now, we’re watching the opposite picture: 🔍
▪️ The MACD indicator is approaching bottom levels.
▪️ A bullish crossover may be forming.
▪️ Selling momentum is nearing a point of weakness.
📌 Our view: We may be nearing the end of the downward wave, and any further pullback could present an opportunity to build positions ahead of the next rally.
We’re not necessarily looking at the end of the market, but perhaps the end of the correction and the beginning of a new opportunity. 🚀
Note: See the previous forecast: $BTC
At market peaks, the MACD indicator reaches elevated levels, then a bearish crossover occurs, marking the start of a correction.
Now, we’re watching the opposite picture: 🔍
▪️ The MACD indicator is approaching bottom levels.
▪️ A bullish crossover may be forming.
▪️ Selling momentum is nearing a point of weakness.
📌 Our view: We may be nearing the end of the downward wave, and any further pullback could present an opportunity to build positions ahead of the next rally.
We’re not necessarily looking at the end of the market, but perhaps the end of the correction and the beginning of a new opportunity. 🚀
Note: See the previous forecast: $BTC