EMA for #Bitcoin prediction:
20 ema: grey
50 ema: orange
100 ema: blue
conclusion>
consolidation until the 20/50 crossover to form a yellow spot, indicating a trend reversal is likely to occur soon. the history is there & its accurate, just depends if the cycle is the same imo.
Others use EMA as a way to interpret and confirm different matters, but this is how I personally use it & it works for me.
Spend some time studying this chart & you'll notice you actually get a heads up about trend shifts BEFORE they happen!
Cheers guys
20 ema: grey
50 ema: orange
100 ema: blue
conclusion>
consolidation until the 20/50 crossover to form a yellow spot, indicating a trend reversal is likely to occur soon. the history is there & its accurate, just depends if the cycle is the same imo.
Others use EMA as a way to interpret and confirm different matters, but this is how I personally use it & it works for me.
Spend some time studying this chart & you'll notice you actually get a heads up about trend shifts BEFORE they happen!
Cheers guys