Technical analysis by CryptoCoBean about Symbol BTC on 10/29/2023
https://sahmeto.com/message/3365935
Distance from 50 EMA
Neutral
Price at Publish Time:
$34,387.49

BTC tops at lower and lower % difference from the 50 EMA showing lower volatility which coincides with the market cap. Next one is around 70-90% away from the 50 week EMA. Just something to keep out for. The lower side, -20 on the indicator proved that it was the end of the drawdown and volatility started to die down at that point.
Source Message: TradingView
