Quote from: icet208 on May 14, 2019, 12:23:07 PM

Quote from: Mpamaegbu on May 14, 2019, 12:17:30 PM

Quote from: icet208 on May 14, 2019, 11:04:45 AM

Quote from: Mpamaegbu on May 14, 2019, 10:54:48 AM

Quote from: icet208 on May 06, 2019, 07:43:54 AM

Last few weeks have been quite bullish for BTC.
As of 6 April BTC had a Weekly close above 50 MA, which is a very significant level for BTC.

Is the MA Simple or Exponential MA? I like to try it on other pairs too

Yes, certainly the bull run most of us went into prayers for is finally here. I know some weak hands are selling off in panic thinking a bubble is likely at this time. Well, we are likely to have corrections from time time but not a dip like we had again. It's now moon time.

~~You can see it on top left~~ its MA (Simple moving average).

No, it's not indicated top there. You only have MA which simply is a Moving Average. MA could be Simple, Exponential, or Smoothed. But I got your point. Thanks.

This is how TradingView are showing moving avarages.
In the img below: EMA - exponetial moving average
MA - simple moving average
SMMA - simple moving average smoothed

overall we see bitcoin candle close above moving average.and if we see based on support and resistance concept its break key resistance on around $5900 and we see now price continue its movemen.,maybe we will see correction on around $8400