218 moving average on the daily chart.

6 dic 2021

Bitcoin is supported well above the average of 218 periods on the daily chart.
In my studies, I realized that the 218 measure is very important in the diary.
It shows, in my understanding, the last and most important price resistance line of BullRun.
We have to stay above her now.
It is more accurate than using the average of 20 on a weekly basis, check it out! look the yelow line in my chart.
Stochastic with mids up and RSI hitting bottom.