ETH just got to a critical point.
The crossing of the long term 200-day WMA and the short term 50-day WMA can be very difficult to break. If it breaks with strong volume, it can be a very good sign of good things coming.
But I think the most probable outcome is that it gets rejected, at least this time. It is just the first try to break such resistance, so...
Good day Traders
Bitcoin is retracing after a few days of battling that DMA50, whilst watching a new episode of paint drying, and no volume follow-through. We're now on the verge of a temporary bearish crossover between EMA15 and EMA200. See the 2 screenshots below of the S&P and DJI which shows the last time we had a downward cross of EMA15 and EMA200 in those...
