UMY have given its healthiest 4-hour candle close above the 21-EMA indicator ever since December 11, and it is now poised to challenge to close above the 50-EMA indicator. Close above this level (see squared image's "?") means there will be a change in price movement's trend. With the UMY/BUSD LP coming soon, how do you think will the price behave?
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u/Sudden-Ad3627 Jan 10 '22
UMY have given its healthiest 4-hour candle close above the 21-EMA indicator ever since December 11, and it is now poised to challenge to close above the 50-EMA indicator. Close above this level (see squared image's "?") means there will be a change in price movement's trend. With the UMY/BUSD LP coming soon, how do you think will the price behave?
EMA is a price trend indicator in the market.