Topic: 200 MS's and some EMA's converging: are we set for a bull run? (Read 112 times)
I think so. Some tech analysts had bitcoin drawn on a Elliot 5 wave correction that will retest lows before finally breaking out. This could all be bs as im not really into tech analysis but the exact situation he was talking about weeks ago is playing out
If the february 6th crash is any indicator we should expect market prices to bounce back once they reach the 200 MA . Plus if we add EMA's (9,16) converging with it we could see a bull run.
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