BCryptological

BTC squeezed by 200MA and 50EMA

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Just to highlight that BTC appears to have have moved in to a ever-narrowing range between the 50 Exponential Moving Average and the 200 Moving Average on the weekly chart (remember the longer the timescale on the chart, the more significant the support/resistance ).

Please hit the thumbs up if you agree, or comment if you think this will hold any significance to which way we eventually break.
I think it could be the change of market direction. But i won't say it will definitely... it only could, the signs are not too bad.
What do you say about my chart?

Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out