Not exact matches
This is a
strong feature on the Nikkei chart so it was not surprising that the index paused and consolidated around this level for several weeks before
continuing the
uptrend breakout.
Market experts expect that Litecoin will
continue this slow
uptrend over the week - crossing $ 150 and forming a
strong support there, then proceeding to target the $ 175 levels.
During an
uptrend, when prices are increasing and trading volumes are also
strong at the same time, this indicates that the majority of traders believe that the current trend will
continue — hence the
strong volume.
So, if a market is in a
strong uptrend, an oscillator will show the market as being over-bought for the majority of the
uptrend, even if it
continues rising for a great deal of time.
NEO
continues to trade in a
strong short - term
uptrend despite the already overbought momentum readings.