BTC (HMA250 and HMA500 converging?)
Check it out. On the 30 min interval chart, it looks like the level becomes really strong when the HMA250 (orange) and HMA500 (grey) converge. The last time these HMAs converged, BTC broke through the resistance/level to initiate the breakout.
I'm thinking that at some point in the next 24 hours, BTC will either get blatantly denied from this level, or it will breakout past the level to continue the uptrend. Let's watch this orange/grey HMA250/HMA500 level on the 30m chart. Good luck traders!
I'm thinking that at some point in the next 24 hours, BTC will either get blatantly denied from this level, or it will breakout past the level to continue the uptrend. Let's watch this orange/grey HMA250/HMA500 level on the 30m chart. Good luck traders!
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