maybe briefly. We have been going up (on average) for 8 weeks now, and come next Monday the 1 week macd should finally turn green.
Anyone long term shorting will need to finally cut their losses and admit defeat or face liquidation.
I dont think the one week MACD will be turning green next Monday Im afraid.
Don't be afraid, that's what they want you to feel. That's what they feed on.
I have no fear, Ive been long for a month or so Ive said that already, Im being realistic. A weekly candle closing around this price will not flip the MACD.
I think it was already green (very briefly), before it retracted after the last peak.
Even if we don't see green next week, can we agree it's not far off?