I found out from the SMA 200 review in the weekly timeframe that bitcoin has come back every time it has hit SMA 200 in the past. So if a downtrend occurs, it will hit SMA 200 and then be backed up.
The SMA 200 in the weekly frame is the same as the SMA 4800 in four hours
But if it wants to rise
Three scenarios are predicted
The explosion will start after breaking the top line of the triangle and hitting the previous support lines.
If you have any questions, please let me know at the bottom.
Thanks
If you are planning to buy, do not rush.
If you believe in short trades, this is the best time for these trades