50-day and 200-day moving averages just crossed into support zone. Worth considering long positions here? The trendline breakdown we've been watching shows a potential breakout setup. Keep an eye on whether price holds or bounces from these MA levels—could be a solid entry point if confluence holds.
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GateUser-5854de8b
· 6h ago
The MA level is indeed in place, but I still think we need to see the strength of the break... Last time, a signal like this almost got me trapped and wiped out.
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SatoshiLeftOnRead
· 6h ago
Oh my, can we really hold this wave? It feels like every time we talk about confluence, it just drops straight down.
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MetaverseHermit
· 7h ago
Can this support level really hold? It feels like it will break sooner or later.
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NotAFinancialAdvice
· 7h ago
It's that time again: "Those who believe in moving averages make money, and those who don't believe make even more."
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SerLiquidated
· 7h ago
Well, this signal feels average. I've heard MA crossovers too many times, and every time there's a real bottoming opportunity, it's always broken through.
50-day and 200-day moving averages just crossed into support zone. Worth considering long positions here? The trendline breakdown we've been watching shows a potential breakout setup. Keep an eye on whether price holds or bounces from these MA levels—could be a solid entry point if confluence holds.