Prices are rising since 18/03/2018, so the short-term trend is uptrend (4h chart).
Technically indicated by the following:
• Dow pattern- higher bottoms and higher tops, (B1-T1-B2-T2).
• Price is currently trading above the valid downtrend line-buy signal.
• Bullish Cross MA10 Above MA20
• MACD: Bullish Divergence
Prices are trading above the supportive area...
The Daily trend is in a Downtrend technically indicated by following:
• Dow pattern- lower tops and lower bottoms (T1-B1-T2-B2).
• Price is currently trading BELOW the downtrend line.
• Bearish Cross of MA10 under the MA20, sell signal.
Prices are trading above the support level at 7000.00.
RSI:
• RSI is below the equilibrium level 50. Bearish momentum.
Taking...
