🩸 Closed at 3.5924. That 15m bearish candle at $LIT dropped 1.77%, with a body 4 times its usual size.
🔥 The mature-bullish playbook was torn up just two pages in.
3/8 conditions are lit: 96 bars in a bullish alignment, 100%; 86% above the cluster.
But the other side is glaring—
CCI -100.6, MACD histogram -0.00271, the 1h chart tangled in knots, and bearish pressure looming over the 4h.
The 1d is still above the bullish cluster, but that huge 15m bearish candle has already hit us in the face.
Bull-bear score +1, bullish bias with disagreement—the numbers say buy, the candlestick chart is selling off.
⚡ BTC and ETH are both leaning bearish. Altcoin long positions are strictly off-limits.
Even lit conditions are worthless paper.
My choice: no position.
I’ll wait for CCI to climb back above 100 and the MACD histogram to turn positive. If the 1h trend doesn’t stabilize, I won’t give it another look.
🎯 3.5924 is the dividing line for this move.
Hold it, and the 1d trend gets another lease on life. Lose it, and the whole bullish setup goes up in flames.
👀 Do you think this huge bearish candle is a shakeout, or the end of the mature bull run?
#ETH #BTC $ETH $BTC
🔥 The mature-bullish playbook was torn up just two pages in.
3/8 conditions are lit: 96 bars in a bullish alignment, 100%; 86% above the cluster.
But the other side is glaring—
CCI -100.6, MACD histogram -0.00271, the 1h chart tangled in knots, and bearish pressure looming over the 4h.
The 1d is still above the bullish cluster, but that huge 15m bearish candle has already hit us in the face.
Bull-bear score +1, bullish bias with disagreement—the numbers say buy, the candlestick chart is selling off.
⚡ BTC and ETH are both leaning bearish. Altcoin long positions are strictly off-limits.
Even lit conditions are worthless paper.
My choice: no position.
I’ll wait for CCI to climb back above 100 and the MACD histogram to turn positive. If the 1h trend doesn’t stabilize, I won’t give it another look.
🎯 3.5924 is the dividing line for this move.
Hold it, and the 1d trend gets another lease on life. Lose it, and the whole bullish setup goes up in flames.
👀 Do you think this huge bearish candle is a shakeout, or the end of the mature bull run?
#ETH #BTC $ETH $BTC