Ontology Gas (ONGBTC) is moving back above MA200 today...
MA200 is the black line on the chart.
This indicator line represents an important level for altcoins trading pairs when looking at the daily timeframe.
MA200 is the black line on the chart.
This indicator line represents an important level for altcoins trading pairs when looking at the daily timeframe.
- When prices are trading below MA200, we cannot see strong growth take place and prices are likely trending lower...
- But, when we have prices for any pair trading above this line daily, the doors are open for strong growth.
Now that ONGBTC is moving back above MA200, it is likely that we will see more up.
Note: This is an early signal. Cancel closure is needed for confirmation.
Namaste.
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