techish

BTCUSD Significance of EMA 200

COINBASE:BTCUSD   Bitcoin / Dollar
This idea is about why EMA 200 is important for $BTC to maintain its uptrend on daily chart .

$BTC price went below EMA 200 yesterday but managed to close just above it. Today price is staying mostly below it but if it manages to close above that would keep the uptrend intact based on EMA 200.

Significance of 200 EMA:

  • 13th October 2015: First major crossover towards upside
  • 2nd August 2016: Went below for two consecutive days on Bitfinex hack but closed above EMA 200.
  • 12th January 207: Bounced above 200 EMA
  • March 25th 2017: Bounced from EMA 200
  • April 15th 2017: Crashed below EMA 200 but close far far above it
  • July 16th 2017: Bounced before touching EMA 200

See the pictures below









Kommentar: Chances are we have seen the bottom (7500) at least in the short terms, there is every chance we close above EMA 200 today
Kommentar: $BTC price flirting around EMA 200 line, RSI oversold, positive vibes

Kommentar:
Kommentar: $BTC breached 200 EMA but here's another chart where $BTC is staying above MA 200, Falling Wedge and ABDDE pattern formed, signals are that $BTC gonna reverse from here, at least for the short term.

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden