nisbeat

BTC - EMA crossover.. are we already seeing the bull market?

Long
COINBASE:BTCGBP   Bitcoin / British Pound
Here's me using the simple EMA analysis. When a short range EMA crosses above a longer range EMA , that would usually mean an uptrend is on the way.. vice versa when the short range EMA crosses below the long range EMA , we have a downtrend. Those can be used as buy/sell signals.

Just a reminder that my analysis is using 15 minute candlesticks ... the story remains quite grim when you stretch it out to 1hr candlesticks with the short range EMA still well below the longer range EMA . Although hopefully the reversal we are seeing with 15m candlesticks will last long enough to materially impact the 1hr EMAs.

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