trending is persistence
moving average is the simplest tool to follow up price BTC still in persistence to be over 20 MVA line .
if it comes bellow it for 2 days in sequence and did not touche the moving average line so the uptrend will not be there any more .
so it may consolidate or down trend , depends on how long it remains fully down there .
the more it stay down the more the down trend is in persistence .
if it comes bellow it for 2 days in sequence and did not touche the moving average line so the uptrend will not be there any more .
so it may consolidate or down trend , depends on how long it remains fully down there .
the more it stay down the more the down trend is in persistence .
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