Long-Term Moving Average Breakout
Обновлено
This MA channel seems to have tracked BTC well historically. Breakout likely signals overbought, but buying pressure & media coverage is fairly high currently. Additionally, recent parabolic trend is far healthier than past spikes as I've discussed previously. Remain neutral short to mid term.
Заметка
This is obviously not a novel insight, just something I am actively trackingЗаметка
Okay... we are clearly well out of the channel now. Frenzy is intensifying & parabolic trend is speeding up
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