This parity shows signs of recovery after a sustained bearish trend for several days.
We have to be aware of the buying signal that is currently developing.
There are two possible options:
1) Wait for the crossing of Kijun (pink line) by Tenkan (blue line)
2) Wait for the price to close above Kijun (pink line). That is to say to see a candle above Kijun.
In both cases, the signal should be confirmed with Chikou. And we should see the orange line above the cloud. MACD can provide further confirmation of the signal. The RSI should be currently above 50. This is an indication of a bullish market.
Stay tuned for any changes and good luck!
We have to be aware of the buying signal that is currently developing.
There are two possible options:
1) Wait for the crossing of Kijun (pink line) by Tenkan (blue line)
2) Wait for the price to close above Kijun (pink line). That is to say to see a candle above Kijun.
In both cases, the signal should be confirmed with Chikou. And we should see the orange line above the cloud. MACD can provide further confirmation of the signal. The RSI should be currently above 50. This is an indication of a bullish market.
Stay tuned for any changes and good luck!
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The pair TRIG/BTC could not withstand the strong pressure of a bitcoin reaching new ATH.
None of the buying signals were properly developed and now the price is inside the cloud, being this a contrary signal.
None of the buying signals were properly developed and now the price is inside the cloud, being this a contrary signal.