2021-6-4 20:44 |
Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position.
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The best traders keep a sharp eye on an asset’s momentum. Here’s why the RSI and moving averages are the perfect indicators for this task.
2021-5-26 20:22 | |
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Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018.
2020-11-12 16:45 | |
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Bitcoin bulls are firmly in charge, traders suggest, with short-term indicators looking increasingly promising
2020-2-5 17:42 | |
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The Bitcoin FOMO rally is truly underway, as the #1 cryptocurrency extends its meteoric rise by a further 9. 4% today. With so much momentum picking up behind asset, where are bullish traders going to take it next? Bitcoin Daily Chart On the daily BTC/USD chart we can see that bitcoin price is showing no signs of slowing down.
2019-6-27 20:15 | |
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XVG/USD The day began with a bearish outlook. Whereby, traders pushed down the price momentum to close to $0. 006302 (A). Later on, the RSI (X) is seen below 30 indicating an oversold market. Lack of momentum in the market is seen between A and B which placed resistance level at $0.
2019-5-10 19:49 | |
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By CCN. com: According to a cryptocurrency trader, a technical indicator of bitcoin is signaling a potential downturn in the market for the first time since December 2017. The indicator, known as the Relative Strength Indicator (RSI) bearish divergence, signals a bearish downtrend and a decline in momentum.
2019-4-29 13:19 | |
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Tron has formed several Doji candles on the weekly chart reflecting high amounts of uncertainty from traders regarding its future price prospects. The weekly RSI and MACD have also been trading flat, showing that buying pressure and selling pressure are relatively even.
2019-4-1 15:04 | |
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There was more volatile price movement from Ripple’s XRP cryptocurrency this week after three weeks of tight movement and consolidation. The price nonetheless is closing the week with a Doji candle which indicates traders are still uncertain about the future price prospects of the third-ranked cryptocurrency by market cap.
2019-3-31 11:34 | |
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There are many indicators that professional traders use to operate in the crypto market. When they combine their analysis with indicators, it is possible for them to have better results in predicting price movements or market directions.
2018-12-24 21:27 | |
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