The moving averages are in a perfect bullish alignment, with strong control by major players:
MA7 (2.11), MA25 (1.52), and MA99 (0.63) are perfectly fanning upward, while the price (2.42) is holding firmly above MA7.
This indicates that bullish capital has taken full control of the market. In such an extremely strong setup, any pullback is met with short-term buyers actively “buying the dip.”$BTW
MA7 (2.11), MA25 (1.52), and MA99 (0.63) are perfectly fanning upward, while the price (2.42) is holding firmly above MA7.
This indicates that bullish capital has taken full control of the market. In such an extremely strong setup, any pullback is met with short-term buyers actively “buying the dip.”$BTW