With all three major moving averages in an increasingly more narrow range, a golden cross that just occurred, and price back above the EMA(20), BTC is looking promising! This has a similar look to May 2020.
As always, if it breaks down below the red SMA(200), get defensive. Always preserve capital for another day.
The market gives us too many opportunities to fall in love with one position.
As always, if it breaks down below the red SMA(200), get defensive. Always preserve capital for another day.
The market gives us too many opportunities to fall in love with one position.