Not the most clear chart 50MA (Daily) Squiggles BTCUSDT LONG
NFA.. Just a few squiggles on a chart.. Here is just a Sine wave replication of the 50MA (Daily) 0 offset But shifted vertically.. (Ribbons if you will..)
50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and areas of consolidations .
I tried my hardest to make this as confusing as possible. Let me know how I have done..
For cleaner/accurate charts checkout @TechDev_52 @JohalMiles For overall market wisdom/knowledge checkout @standfieldken 's work ++ @cryptobirb ... #Bullish on #bitcoin
50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and areas of consolidations .
I tried my hardest to make this as confusing as possible. Let me know how I have done..
For cleaner/accurate charts checkout @TechDev_52 @JohalMiles For overall market wisdom/knowledge checkout @standfieldken 's work ++ @cryptobirb ... #Bullish on #bitcoin