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Skanda
Jul 9, 2023 9:52 AM

EMA20 about to cross EMA50 on DCR-USDT, bullish Long

Decred / TetherUSBinance

Description

Historically every time EMA20 crossed EMA50 on this chart, a violent upswing happened, testing the EMA200. If EMA200 is crossed, violent moves up to +100% are likely, otherwise rejection back to EMA50.

However, given that EMA200 is so close this time, a breakout is becoming more likely.

Closely watching this situation that should resolve in a day or two

Potentially very bullish
Comments
PubPete
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