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Technical analysis by Midas_Calista about Symbol BTC on 4/8/2024

https://sahmeto.com/message/3362626
Midas_Calista
Midas_Calista
Rank: 20644
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،Technical،Midas_Calista

Exactly, when the Exponential Moving Average (EMA) is trending upwards, it indicates a short-term uptrend in prices. However, if the Simple Moving Average (SMA) is trending downwards, the long-term trend may be bearish. When the SMA crosses above the EMA, this could be a sign of a reversal in price trends.The 2 EMA RSI indicators all show an uptrend. SMA shows a downtrend, I think currently BTC will still maintain the uptrend but will soon reverse to the downside.

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$67,045.54
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