the6ylal

Price expectation on bollinger bands on a weekly timeframe.

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COINBASE:BTCUSD   Bitcoin
When we fall below the 20-week moving average, which is the Bollinger middle band, on the weekly timeframe, then it is an undeniable fact that we test the Bollinger lower band. When we examine the areas where the moving averages cross in the weekly timeframe, they show interesting support and resistance points in the past, which seems too strange to be a coincidence.

Another striking point is that there is a positive mismatch in the relative power index.

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