Moving avarages is very lagging indicators so I don't use it and don't believe it helps trading and forecasting! Support and resistance stuff doesn't work as well:) Currently I do not see any changes in Bitcoin structure, so my green scenario still valid!
Lots of crypto traders talking about it, but here is a handy mainstream ref about it.
https://www.nasdaq.com/article/bitcoin-btc-chart-bearish-rsquodeath-crossrsquo-may-soon-form-cm937301
Moving avarages is very lagging indicators so I don't use it and don't believe it helps trading and forecasting! Support and resistance stuff doesn't work as well:) Currently I do not see any changes in Bitcoin structure, so my green scenario still valid!
If you want to be succesful trader do oposite what mainstream is talking:)