EMA tend to weigh newer changers higher than the older, which makes them good for 10 or 20 period but SMAs provide much accurate results
The Perfect Trend line using SMA 200 is much closer to the price action than the EMA 200. Added this update the CM MA v47.0.
if bitcoin breaks the key market structure, which is below 6400. Crypto is dead for me.
but if i see a sideways action now confirming that we are in accumulation zone, i.e bitcoin is not cheaper at all and no body is dumping it.
Everyone has sharp focus to buy every low. Then i will also do same. Also if bitcoin moves above previous high above 13K it will confirm...
On 5 August 2019, President Ram Nath Kovind issued a constitutional order superseding the 1954 order, and making all the provisions of the Indian constitution applicable to Jammu and Kashmir.
Share Rose 60% in 3 days
Came back to same level upcoming days LOL
Thats why Reversal traders loose and Trading on news events is risky
Reliance Chronology of Insider Trading
August 07, 2019 Wednesday: On it made its low and closed around 1110,
August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day
August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day
August 10, 2019 Saturday: Market Remain Closed
August 11, 2019 Sunday: Market Remain...
On this sunday 10th March or 17th march BTC will touch 100 Week EMA. News article Next day will be saying OMG BTC has crossed a significant psychological level. Making public FOMO on BTC with in turn make the price rise upto 4200-4300 before next significant drop.
its so weird that how you become found of kind of things. LOL
I will miss this, What a ride!. Learned So much
However its still too early that this image is yet to be forgotten by masses
We see this chart again in few years hopefully i am ready then.