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RE: Will 50-SMA On Daily Charts Reverse the Bitcoin Price Movement?

in LeoFinance4 years ago

50 MA crossed above 200 MA on a weekly chart for LTC last week. Yet dropped more.
There are so many things to consider even at the basic level as you mentioned above.
Thanks for sharing your approach to charts.
I will give 50 MA a chance to work as support for btc this last time. We will know in a couple of days. :)