Bitcoin price: Why is April so important for crypto

The elegance of those EMAs falling. You can almost feel their weight. You can also feel how that 50 EMA magnetically attracts those wicks and candles. The 50 and 100 EMA want to really test that 200 EMA with a collision. Everyone with their eyes on that collision.

The death cross haha

The tenkan, kijun and chikou lines are bouncing like a ball and this bounce will determine where the ball , either holds a bounce, immediately bounces or completely falls, and maybe fake out a little bit before that decision is fully taken.

What's also elegant is how the ichimoku cloud is kissing. Bulls are kissing with a horse, bears with a dinosaur.

This possible change in trend will vastly impact the market and it's long term behaviour. But for now, short term important prices are 10,283, 12,243, 13620 up and 6,800, 5900 and 5,300 down.

In the other hand, we are just testing the 50 weekly EMA. This is just starting. The bull cycle was playing above the 50 RSI and that drop to 6,000 pierced that 50 support and now it became very strong resistance. This is an early signal that the long term bear trend is established, even tho the 50 EMA is still supporting the price, that break in the 50 RSI is really bad.

What do you think the snake will do?