This can be a good thing, usually when the two lines collide, the price movement reverses. Based on this, we can guess that it is the end of the downtrend , and most likely the price will start moving towards $ 70,000.
The next point is when the price trend is down and the cloud is up, it is usually a sign of a fake price trend and the price trend changes to the cloud movement trend after a few candles.
The next point is when the price trend is down and the cloud is up, it is usually a sign of a fake price trend and the price trend changes to the cloud movement trend after a few candles.
Note
As I said, the price trend has started upwards
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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.