Sentences with phrase «macd continued»
MACD continued to move below the zero line, indicating a certain level of being oversold.
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The RSI continues to support the bullish case with a move higher in bullish territory over 60 and the MACD continues to rise, also supporting more upside price action.
The RSI is also in overbought territory while the MACD continues higher above prior areas where price has stalled.
The MACD continues a slow pullback with a shallow slope and in positive territory.
Relative strength is in the low 40s, while the MACD continues to hover near the zero line.
Not exact matches
One MACD signal to keep an eye on over the short term is if both MACD lines continue to mirror the market rebound.
The overbought readings of the MACD indicator are getting cleared, but we still expect the correction to continue in the coming week, and investors should still wait with opening new positions.
Watch for a bullish MACD crossover to indicate upward momentum is continuing.
The RSI on the daily timeframe is trending lower but near the mid line and holding in a bullish range while the MACD is continuing lower.
The RSI on this timeframe is on the cusp of a move over 60 into the bullish zone while the MACD has been rising and continues to do so.
The RSI though on the daily chart continues to move lower along with the MACD.
The Bollinger bands are open to the upside to allow a continuation and the RSI is rising and bullish with a rising MACD all supporting continued upward price action.
The RSI on the daily chart continues to head lower, but remains in the bullish zone over 40, with the MACD falling.
A bullish MACD cross was generated in October 2016, and it has remained in bullish alignment as the BTC price continues to drive higher.