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Wmacrossover

ETHUSD at critical pointETH just got to a critical point. The crossing of the long term 200-day WMA and the short term 50-day WMA can be very difficult to break. If it breaks with strong volume, it can be a very good sign of good things coming. But I think the most probable outcome is that it gets rejected, at least this time. It is just the first try to break such resistance, so patience is key before changing to the long side. In the past, cool down periods of crypto assets were quite long, so it still seems a bit too early. Additionally, there's still a lot of people in the space that needs to be wipe-out. So, in overall, I am neutral at this point, neither long nor short. In the mid-term I am rather pessimistic. Good luck!
KRAKEN:ETHUSD
by j0secyn
Long term investment using moving averages Green Line IS 200 WMA of Closing Price Blue Line IS 200 WMA OF Low, Multiplied By 0.90 Red Line IS 100 WMA of Closing Price Condition to buy : Green line should be above red line and closing price should be above green line BUY only when the above condition is fulfilled. Target For Time Frame of 1 Year = 2 X Price at buy trigger Target For Time Frame of 3 Year = 3 X Price at buy trigger Target For Time Frame of 5 Year = 5 X Price at buy trigger Target For Time Frame of 10 Year = 10 X Price at buy trigger However, Targets for 5 & 10 years can also depend on other factors. Stop Loss Is Trailing To Blue Line
NSE:NIFTYEducation
by s7vigneswaran