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Topic: Watch the 200MA For Good News - Risk Stocks (Read 91 times)

jr. member
Activity: 84
Merit: 3
I looked at the chart for the crypto I own and they all are above the 200ma except for BTC.

The 200 day ma for crypto is $39,800.  If it closes (NYT 4pm) at or above that number it could be the base beginning.

The risk is the stock market.  If, stock continue to decline that could cause some to sell stocks and crypto.

Also, there might be margin calls.
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