BTC Long - Study Case: Price oscillation around 200EMA 15m (v2)
Updated
- I suspect that BTC price oscillates around 200EMA 15m steadily.
- The MAX and MIN can be easily followed.
- Even the exceptions like the double MAX in the chart don't go too far.
- The price usually oscillates around the 200EMA 15em, around the range of 1% to 2% (rarely the price increments as much as 3%).
- This seems to be the behavior of the price in normal market price conditions.
Also:
→ Reaching the second resistance above the last MAX is possible.
Thoughts?
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Note
REMEMBER to follow the 200EMA 15em, and HOW the price moves around it.
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