1. Oscillators mostly reset on low TFs (Daily and lower), and most of them have still a lot more room on higher TFs (weekly/monthly)...
2. Most of the MAs (Especially if we check them on 4h tf, such as sma200, ma50, ema89, ema21, ema200, ema50...) are close (or already) dead crossed and above price levels (strong resistances)...
3. Clouds on all low TFs are above (And all persistently showed strong resistance, especially my loved 4h/daily), usually when daily cloud is persistent rejection, then the weekly cloud is next in line ;)...
4. We broke important trend line of the current parabolic run, if we stay below it for next 2 more days, it is very very bearish for me...
5. The buying power (OBV) is exhausted and creating lower and lower lows, as well we have more and more reversal divergences on every bull spike for higher level prices...
* For long term investment portfolios, I would suggest keep buying BTCs when you can, and the more we go down the more you should buy XDDD...
no doubts that BTC will get to ATH, and will rekt everything to above 100k...
* For the short term it's a "no zone trade", as no one can really guess where we are going really the moment we get volume excitement/panic...
* I am personally been bearish on my trading portfolios for long while as all of you already know, thus I keep adding to my shorts, especially since I have many more bearish bias speculations of my own.
- One of them is this "mid term perspective" (Or as I called it before many times wrongly "big term") is my reminder when I compare the current parabolic run (Or as many of you already know that I call it an "Echo bubble") to the last parabolic run...
- Some of you will tell me that this is different as the last parabolic run ended up "bearish" and the current one is still "bullish" due to important other MAs which might result as strong support (Due to past experience), and because this is a bull flag (And not descending/symmetrical triangle), and because lots of crazy things coming (Bakkt and other news), but to me personally I didn't have real confirmations the way I trade that we gonna continue this "bullish" market, I might be wrong (And I don't care if I'm wrong because I wish to get over with this boring market already regardless down/up, as I will catch the direction either early or later on), but I expect that: If in next 2 days we can't retake 10250, then we gonna see 5-7k (To reset this parabolic), or 7.3-8.2k (Next trend line + next strong support levels)...
So good luck to you all, trade safely..
Hedgehog king.