It appears that the EMA50 has never passed, never mind even touched the EMA200 on the weekly charts since time began(2011 on bitstamp ), a weekly death cross.
This could explain the recent uptick in buy volume , the 50 bouncing off the 200 .
If we continue up, the actualy EMA200 is sitting at $25k , or next step up to the volume hole at $27,200k -can we get that high before we go sub 10k?
This could explain the recent uptick in buy volume , the 50 bouncing off the 200 .
If we continue up, the actualy EMA200 is sitting at $25k , or next step up to the volume hole at $27,200k -can we get that high before we go sub 10k?
Note
just a zoomed in older pic, the EMA200 started painting in 2015
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.