Predicting short-term price movements consistently is very difficult, but in this video we have some fun looking at prior patterns in the price of Bitcoin. Specifically we look at the crosses of the 20D SMA and the 21D EMA and note that each bounce in the price of Bitcoin came at a cross of these two moving averages. We only fell below the 20D SMA 7-10 days later once it was well above the 21D EMA. TA Video by Benjamin Cowen.
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