ilmscore | Prediction Details
"once we get a push above this right here the blue line is the 50 period ema or exponential moving average it can act as support and resistance it can also act as a really good trend filter if you know how to use it properly ... on the hourly chart i'll be waiting on bitcoin to push above the 50 period moving average at the point that that happens i'll be waiting on the first pullback and a sign of buying pressure right here and this will be the 50 period moving average at that sign of buying pressure i will buy and ride this trend up if it continues to the upside"
By The Trading Channel (The Trading Channel) | May 13, 2021 | Pending
From video
Bitcoin Is Making Lower Lows... (Expected) What Is The Next Buy Zone? 00:07:49 - 00:08:33
Interpreted Prediction
An entry strategy for Bitcoin involves waiting for a price push above the 50-period EMA on the hourly chart, followed by a pullback and a sign of buying pressure, at which point the speaker will buy and ride the trend up.

Prediction Details

Ticker
BTC
Initial Price
49,695.54 USD

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