On the 3 week chart when the candles are switched off and only the MA13/30 crossover remains it acts a predictor of bullish movement .
For example a look a the areas marked 'A' and 'B' show that when the MA13 ( White line) crosses over the MA30 (blue line) there is a bull run.
when the candles are enabled the graph looks like this
what could this mean ?
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A peek at the chart below shows a close up of the current setup
I take this to mean that if BTC moves above 27500 a bullish crossover is going to occur on the 3 week chart. This will result in the faster MA13 moving above the slower MA30 and there should be a corresponding bullish movement up .
For example a look a the areas marked 'A' and 'B' show that when the MA13 ( White line) crosses over the MA30 (blue line) there is a bull run.
when the candles are enabled the graph looks like this
what could this mean ?
------------------------------
A peek at the chart below shows a close up of the current setup
I take this to mean that if BTC moves above 27500 a bullish crossover is going to occur on the 3 week chart. This will result in the faster MA13 moving above the slower MA30 and there should be a corresponding bullish movement up .
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What if this fails=====================
Then there will have to be a very large red candle downwards which will move down fast so as to ensure the MA13 remains below the MA30 .
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A failure would be similar to the setup in the chart below that occurred in 2014 with the nasty looking red candle down
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.