$FOLKS 15m · Breakdown below three moving averages
Price broke below all three moving averages and closed 0.18% below the cluster; bullish alignment was present for 78% of the previous 24 hours
Current price: 2.1270 ｜ Distance from moving average cluster: -0.2%
Basis: At least one of the 1h/4h timeframes is bullish
Risk: BTC/ETH are both bearish; 1h bearish alignment, so no longs (filtered by higher-timeframe trend); 1d remains bearish; 1h bearish alignment, so no longs
Strategy: Wait for strength to return (momentum regaining strength within a mature bullish trend)
Plan: Do not open a position. Wait for CCI to cross back above 100 and the MACD histogram to turn positive
⚠️ For reference only; this is not investment advice
#FOLKS
Price broke below all three moving averages and closed 0.18% below the cluster; bullish alignment was present for 78% of the previous 24 hours
Current price: 2.1270 ｜ Distance from moving average cluster: -0.2%
Basis: At least one of the 1h/4h timeframes is bullish
Risk: BTC/ETH are both bearish; 1h bearish alignment, so no longs (filtered by higher-timeframe trend); 1d remains bearish; 1h bearish alignment, so no longs
Strategy: Wait for strength to return (momentum regaining strength within a mature bullish trend)
Plan: Do not open a position. Wait for CCI to cross back above 100 and the MACD histogram to turn positive
⚠️ For reference only; this is not investment advice
#FOLKS