OrriginalCrypto on Nostr: #Bitcoin Daily The 50 (Red) , 100 (Blue), 128 (green) and 200 (Yellow) Simple Moving ...
#Bitcoin Daily
The 50 (Red) , 100 (Blue), 128 (green) and 200 (Yellow) Simple Moving Averages ( SMA ) are in Exact reverse order to that of how we would like to see them
Normally, when PA climbs, the 50 is above the 200 as on the left of this chart
And as mentioned before, see that MACD is up high and is very likely to Drop as PA either Ranges or Drops further.
I will say, that in a Full on Bull Run, that MACD can Range High..... But we are NOT in a Bull run yet...
Caution is very much the name of the game right now.... Bullish Caution
Published at
2024-10-02 07:50:19Event JSON
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"content": "#Bitcoin Daily\n\nThe 50 (Red) , 100 (Blue), 128 (green) and 200 (Yellow) Simple Moving Averages ( SMA ) are in Exact reverse order to that of how we would like to see them\nNormally, when PA climbs, the 50 is above the 200 as on the left of this chart\nAnd as mentioned before, see that MACD is up high and is very likely to Drop as PA either Ranges or Drops further.\nI will say, that in a Full on Bull Run, that MACD can Range High..... But we are NOT in a Bull run yet...\nCaution is very much the name of the game right now.... Bullish Caution\n\nhttps://m.primal.net/LIPU.png ",
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