50 day 100 day and 200 day For the first time all three moving averages have converged. For the first time - something is going to happen! With the entire Crypto market cap climbing over the last few months I think we go up from here Look at the RSI it should be lower but sometimes we have such strength the price just moves higher.
Anybody have an opinion on this? is it too soon to tell? it seem the 50 day could cross the 200 day or vise versa so either a golden cross or death cross - the capitulation (for me) confirms that the market is confused.
BUT
When the market is confused it seems to move higher in a bull market and down in a bear market and we are in a bull market according to everyone on trading view - this is not investment advise. I only invest money I can loose - i only use money that I won at the casino - I do not invest with my pay check that is crazy.
BUT
When the market is confused it seems to move higher in a bull market and down in a bear market and we are in a bull market according to everyone on trading view - this is not investment advise. I only invest money I can loose - i only use money that I won at the casino - I do not invest with my pay check that is crazy.