Usually big movement start when MACD crossing up zero line. BTC always test EMA 150(blue line) or EMA200(white line) after that Mooning ^^ , so lets wait for it or we can do some counter-trend trade!
ノート
Good sell point! If we break it up find some entry point! LOL
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Target hit! Lets wait conformation.
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1h chart looks bearish
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BTC futures went higher than I thought. Tested 5/8, forgot about Murrey's lines. If the market does indeed re-test 5/8 and fail, that confirms that the bullish sentiment has pretty much gone and an attempt at a move to 3/8 can be expected. If the market then breaks below 3/8, it has definitively turned bearish – and 3/8 then becomes strong resistance as a break back above would represent another change in sentiment, this time back to indecision.