BTCUSD has been supported perfectly on the weekly 200MA as I discussed in my previous post in 2019
The 200MA has proved to be a perfect entry on the corona dump.
As one can see, the downward sloping trendline resistance has been broken.
Also the 10000-10500 area which was proving to be a major resistance zone has been flipped as support which confirms the bull...
I am not going to predict what will happen or what is happening... I'll let stats and algorithms show results.
-I am using SAR Parabolic strategy. It automatically recommends long and short entry based on stats.
Here we see a monthly $BTCUSD chart. By using SAR Strategy tool it shows us that It's Long entry (Upwards trend) and Short entry (Downward) trend has...