ETH/BTC on the weekly chart shows the significance of a weekly candle closing above the 21 week ema. For the past nearly 4 years, we have seen much higher valuations in the coming days and weeks after closing above that 21 week ema.
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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.