Historically every time EMA20 crossed EMA50 on this chart, a violent upswing happened, testing the EMA200. If EMA200 is crossed, violent moves up to +100% are likely, otherwise rejection back to EMA50.
However, given that EMA200 is so close this time, a breakout is becoming more likely.
Closely watching this situation that should resolve in a day or two
Potentially very bullish
However, given that EMA200 is so close this time, a breakout is becoming more likely.
Closely watching this situation that should resolve in a day or two
Potentially very bullish