BTC - USD 4H chart
if we zoom in a bit to 4H chart, we can notice that from november 26th to febrary 3rd the movement of EMA 200 (blue) and EMA 50 (red) 4 hours was down trending.
but now is making a sideways movement, that could be an eraly signal of a trend changing or a consolidation before downtrend continuation.
but now is making a sideways movement, that could be an eraly signal of a trend changing or a consolidation before downtrend continuation.
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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.