BTC can take two directions in the short term?
2024-10-22

According to the signs, two things may happen in the coming days: if the rsi crosses downward on the daily time plane, a more serious but short-term decrease may occur, if all this is confirmed by a possible macd cross, then we can observe a downward-sloping chart.  if the rsi breaks 50, I expect another spectacular break.  According to the other option, the 4-hour rsi turns back from below 50, with this the upcoming rsi cross can be eliminated on the daily time plane, and even if we look at the situation in context, after the rsi 50 cross on the four-hour time plane - it is better if this is also validated by the macd cross  , you can search for a medium-term position on a one-hour timeframe, from the rsi ma 50 cross, to the newer rsi ma 50 cross, with sl tracking.  I'm curious about your opinions.