what am observing so far

MACD daily. If we get a bullish crossover above the 0 axis, that’d be the most bullish Macd BTC has had in months. Not even the bounce in 84k had the same Macd golden cross setup (back then, it happened below the 0 axis).

MACD back in early may

MA lines

MAs I use

On 4h candle:

• crossover on MA50 and EMA34.
• Retest 200MA
• Trading above MA50

This chart still have some room for chops but this is no longer a downtrending chart.

On daily candle:

• quite a reversal there with the daily candle.
• Back to trading above MA50