
$BTC moves suggest that the descending purple is the local resistance level. Yesterday $BTC tried to retest the MA50 but had a definitive rejection. Now it is back at MBB almost instantly with just 1 day wick downwards. MACD continues to contract and still runs below 0. In fact, MACD is slowly declining over the last 2 days. TSI still below 0. If my lines were real, we could be seeing a test at the purple line below at 59400
