200 weekly MA - bottom, reversal
40 weekly MA - major dips during uptrend. good place to "buy the dip" or look for a stop-loss
20 weekly MA - minor dips and corrections during uptrend, follows the price tight
dotted curves - possible top of next bullruns
ascending triangles - market cycles. horizontal trendlines based on 1M/3M candle open/close
bottoms (20 weekly MA) and tops (curved lines) can be broken only on major adoption/
as of today, 27.6, I expect a pullback (13700-13800 is the top for now, correction is due) to the 20/40 weekly MA
40 weekly MA - major dips during uptrend. good place to "buy the dip" or look for a stop-loss
20 weekly MA - minor dips and corrections during uptrend, follows the price tight
dotted curves - possible top of next bullruns
ascending triangles - market cycles. horizontal trendlines based on 1M/3M candle open/close
bottoms (20 weekly MA) and tops (curved lines) can be broken only on major adoption/
as of today, 27.6, I expect a pullback (13700-13800 is the top for now, correction is due) to the 20/40 weekly MA
Note
bottoms (20 weekly MA) and tops (curved lines) can be broken only on major positive/negatives news as a catalyst*Note
bottoms (200 weekly MA)*
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.
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.