Get started
Joeshmoguy

BTC at a critical support point at the same time as ETH

Bitcoin (COINBASE:BTCUSD)  
Joeshmoguy Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns Beyond Technical Analysis Trend Analysis
1
0
chartpattern beyondta trendanalysis
BTC and ETH are both at critical points on ascending support lines and BTC really needs to avoid the 50ma from crossing over the 200ma. I would say we are at a critical point right now. Any thoughts?
Comment:
I do like being the one to point these things out, but I think we should keep this in mind. Holding this position even short term and even better, going in a slight uptrend would be very important at avoiding that cross.

snapshot
Comment:
Above is a double overlapping of the same cross at the same point in 2014 as many people have pointed out the similarities well, here is a visual.
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.