Midas_Calista

"Brief Overview of BTC Trends"

Midas_Calista Updated   
BINANCE:BTCUSD   Bitcoin
Exactly, when the Exponential Moving Average (EMA) is trending upwards, it indicates a short-term uptrend in prices. However, if the Simple Moving Average (SMA) is trending downwards, the long-term trend may be bearish. When the SMA crosses above the EMA, this could be a sign of a reversal in price trends.
Comment:
Comment:
The 2 EMA RSI indicators all show an uptrend. SMA shows a downtrend, I think currently BTC will still maintain the uptrend but will soon reverse to the downside.
Comment:
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.