In this comparison we have GOOGL and ETHUSD
I like to call MA's open when the three (50,100,200) are spread and free to move upwards
We can see GOOGL has been 'open' (in its most bullish state) for 10.5 years
Correlating this with price, it is obvious that this is the most bullish progression of price
We can also see ETHUSD has only been open for 154 days .
This is the first time in ETH's history that the MA's have been in this state
I expect bullish results, very bullish results
I like to call MA's open when the three (50,100,200) are spread and free to move upwards
We can see GOOGL has been 'open' (in its most bullish state) for 10.5 years
Correlating this with price, it is obvious that this is the most bullish progression of price
We can also see ETHUSD has only been open for 154 days .
This is the first time in ETH's history that the MA's have been in this state
I expect bullish results, very bullish results