EMA for #Bitcoin prediction:
20 ema: grey
50 ema: orange
100 ema: blue
conclusion>
consolidation until the 20/50 crossover to form a yellow spot, indicating a trend reversal is likely to occur soon. the history is there & its accurate, just depends if the cycle is the same imo.
Others use EMA as a way to interpret and confirm different matters, but this is how I personally use it & it works for me.
Spend some time studying this chart & you'll notice you actually get a heads up about trend shifts BEFORE they happen!
Cheers guys
20 ema: grey
50 ema: orange
100 ema: blue
conclusion>
consolidation until the 20/50 crossover to form a yellow spot, indicating a trend reversal is likely to occur soon. the history is there & its accurate, just depends if the cycle is the same imo.
Others use EMA as a way to interpret and confirm different matters, but this is how I personally use it & it works for me.
Spend some time studying this chart & you'll notice you actually get a heads up about trend shifts BEFORE they happen!
Cheers guys
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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.
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.