It appears that the EMA50 has never passed, never mind even touched the EMA200 on the weekly charts since time began(2011 on bitstamp ), a weekly death cross. This could explain the recent uptick in buy volume , the 50 bouncing off the 200 . If we continue up, the actualy EMA200 is sitting at 25K , or next step up to the volume hole at $27,200k -can we get that high before we go sub 10k?
Kommentar
⋅
just a zoomed in older pic, the EMA200 started painting in 2015