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MA (disparity) - 16

BITSTAMP:BTCUSD   Bitcoin
Short term MA: 5, 20, 50, 100MA
Medium-term MA: 200, 300, 500MA
Long term MA: 700, 1000MA

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The gap between the MAs is so wide that this price adjustment is a sound price adjustment.

After short-term MA converges, price adjustments are coming out.
200MA of medium-term MA was touched.

It is not known where all the MAs converge.
However, I think the maximum price adjustment is at 7861.85.
This is because 3000MA and 2000MA are passing nearby.
In all likelihood, we hope all MAs will converge, supporting 3000MA.

The key points in the current chart are 7861.85 and 8601.09.

Looking forward to next week's move.

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The explanation on the MA (disparity) chart will continue from convergence from short to long term MA until it begins to spread.

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From the BTC trend, I think it is highly likely that January 21 (January 20-January 22) will be an inflection day (a day when the volatility is expected to be severe).

We expect to rise above 200MA on BTC's 1D chart, but we need to think carefully and trade.




[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Penafian

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