Notice the gray line on the chart... This line stands for EMA300.
NGCBTC produced really strong growth once it moved above this level on 9-Oct.
Now that NGCBTC is trading above EMA300, the doors are open for strong growth.
If prices break and close below the MA200 black line, our bullish bias is lost and a new analysis is needed.
Remember to build a plan before you trade.
This is not financial advice.
Namaste.
NGCBTC produced really strong growth once it moved above this level on 9-Oct.
Now that NGCBTC is trading above EMA300, the doors are open for strong growth.
- We can see strong bullish action with any trading above EMA300.
- We are also bullish above MA200.
If prices break and close below the MA200 black line, our bullish bias is lost and a new analysis is needed.
Remember to build a plan before you trade.
This is not financial advice.
Namaste.
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