checkmate, bulls!
the mass index is the most important signal here. generally, the reversal doesn't take trend until the volatility at least peaks, and often not until it reaches back below the marked threshold.
I don't think you are using mass index correctly here. You were using them correctly on the 6-hour and 2-hour charts, because on those scales the bulges corresponded to counter-trend, downward volatility bursts.
But the reason the MACD and the Slow Stochastic don't seem to be confirming is because they are oscillators. They work when the system is closed, but go out of whack if new money is entering the system (or leaving).
That's why the non-oscillating indicators (OBV and Accumulation/Distribution) work better for evaluating the medium/long-term trends, IMHO (see below).
Are you just cherry-picking? I will have different conclusion by choosing different time-scale: more bullish (or less bearish) for the longer term
also, will you post these charts? i am interested in counterdata.
e.g. look at the mass index at 12 hours interval, it is below the blue line since 6 Feb and we had a non-stop rally.
If OBV were unchanged on an upward burst, you could expect a reversal/retrace to follow. But here the trend is up and strong. This should relieve some fear of reversal. As long as we haven't gone exponential and bid depth stays strong, I don't see reason to expect it unless there's some bad news which triggers a big downward burst (one visible on the 12-hour or daily chart).
