At the moment of typing this, BTC is still above its WEEKLY 50EMA.
During this period of sideways ranging, BTC has yet to close a WEEKLY candle BELOW the WEEKLY 50EMA.
Note that the 50MA is potentially starting to curve sideways.
At the moment of typing this, BTC is below its Middle Band Basis 20 Period . Note that the Upper Band is pointing downwards and the Lower Band is pointing upwards.
At the moment of typing this, BTC is just below its Visible Range (VPVR) Point of Control (POC) for this charts visible range.
The Moving Average Convergence Divergence ( ) is showing that the Line (Blue Line) is still above the Signal Line (Orange Line) and is starting to curve sideways creating lighter green Histograms showing a weakening of upwards momentum. If you are waiting for full positive confirmation on the then you would wait until the Line (Blue Line) crosses back above the 0.0 Base Line level, this indicates that a 12 Period has crossed back above a 26 Period on this .
The ( DI) is indicating the trend strength is weakening with the (Yellow Line) at 28.38 below its 9 Period (White Line) which is at 32.43. The (Red Line) has dropped to 24.41 but is still above its (Green Line) which is at 17.69.
The ( CMF ) is indicating that BTC is still in the accumulation zone, note that the CMF Line (Green Line) has risen from 0. 01 to 0.04 and note that the CMF Line (Green Line) has crossed slightly back above its ( ) (Blue Line) which is at 0.04. If BTC drops downwards into the distribution zone., its needs to rebound quickly to avoid longterm distribution.
As you can see from this chart, the Weekly 50EMA level is now being tested quite a lot on this . As stated many times, the WEEKLY 50EMA is a very, very crucial level for BTC to keep closing WEEKLY candles above. So long as BTC keeps closing WEEKLY candles above the WEEKLY 50EMA, then all we will see is sideways ranging until the powers that be, decide that the direction of least resistance is upwards. If BTC does close a WEEKLY candle below the WEEKLY 50EMA then there is a possibility that the powers that be, have decided that the direction of least resistance is downwards.
I hope this is helpful with your trading and hodl-ing.