Crypto-Hamster

BTCUSD: SMAs – the reversal signs

Long
BITFINEX:BTCUSD   Bitcoin
At the moment, three SMAs – 50, 100 and 200 on a daily chart has a resemblance in arrangement with the case of June 2015th, when the reversal from bear- to bull-trend had started. Namely, 200SMA is flattening after the decrease, 50SMA crossed 100SMA from the bottom. We would need to see 200SMA to go lower than the others to confirm that.

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