Historically every time EMA20 crossed EMA50 on this chart, a violent upswing happened, testing the EMA200. If EMA200 is crossed, violent moves up to +100% are likely, otherwise rejection back to EMA50.
However, given that EMA200 is so close this time, a breakout is becoming more likely.
Closely watching this situation that should resolve in a day or two
Potentially very bullish
However, given that EMA200 is so close this time, a breakout is becoming more likely.
Closely watching this situation that should resolve in a day or two
Potentially very bullish
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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.