On the 15 min chart the MACD is 6/8 calling price action buy/sell.
%%Trade at your own risk. I am not a financial advisor. I am not giving you financial advice.%%
15 min RSI is indifferent. MACD gave a buy signal while we got a nice green big green candle. Consolidation around 1.29 looks to be coming to an end, ADA is going to have to make a decision, run to 1.37 or tic a little bit lower.
%% Trade at your own risk. I am not a financial advisor. I am not giving you financial advice. %%
Overall trend looks bullish on the 4 hr. The MACD just crossed the signal line, RSI somewhere in the middle (not signaling one way or another), paired with a huge green candle. Keep an eye out to see if AVAX runs to $41.
%%Trade at your own risk. I am not a financial advisor. I am not giving you financial advise.%%
Although the timing has not been perfect, STMX seems to be following technical signals. Specifically, RSI and MACD, when the candles are consolidating and RSI/MACD are overbought, a breakout to the upside seems to follow. Definitely something to pay attention to.
Trade at your own risk. I am not a financial advisor, I am not giving you financial advice.
A couple of things coming together here, we see both the RSI and MACD are at those bull market, oversold levels. Traders locking in some profit. The 15m chart shows a descending triangle patter which can mean either a reversal or a continuation up! Givin the release of the news that ADA will be listed on coinbase pro, I am bullish on ADA in the short term.
STMX hit higher highs earlier this morning before pulling back. What we are seeing now is both RSI and MACD indicators are close to bull market, oversold levels. Higher lows are coming in and we are seeing an ascending triangle form on the 15 min chart. Should see a breakout in the next hour or so.
