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BTCUSD Remains Suppressed by 50-SMA

BTCUSD Remains Suppressed by 50-SMA
BTCUSD has been generating a structure of lower highs and lower lows after peaking at the 10-month high of 31,064 in mid-April. Even though the digital coin found its feet at the May bottom of 25,785 and attempted a rebound, it has been repeatedly held down by its 50-period simple moving average (SMA). The momentum […] The post BTCUSD Remains Suppressed by 50-SMA appeared first on Action Forex... Read More
Posted: May 17 2023, 12:36
Author Name: actionforex
Views: 102364

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