🚨 BTC/USDT Update (15m) 🚨
Candlesticks – Show Bitcoin's price movement every 15 minutes.
Indicators:
EMA (200) in Blue: Long-term trend indicator (~96,584.98)
MACD (Moving Average Convergence Divergence):
Signal Line (yellow): 452.76
MACD Line (blue): 369.32
Histogram: Showing bearish momentum (red bars)
Shorter EMAs (9/21?): Likely the yellow and blue fast-moving lines on price.
📉 Current Situation
Price: $98,750.68
Trend: Price recently rallied above the 200 EMA (bullish sign) but is now pulling back.
MACD: Histogram is turning red, indicating bearish momentum is building.
Short EMAs: Bearish crossover occurred—signaling a possible short-term pullback or correction.
Volume: Increasing on the red candles suggests sellers are active.
