The price of Altair Engineering is moving in a clear uptrend-corridor. MACD looks optimistic, indicating no divergence and trend-reversal, but the RSI indicates overbought conditions and the moving averages are still pessimistic. I would go for a short-term long when the price is at its next swing-low inside the corridor or go for a very short-term short right now...
Price and MACD indicate convergence and the RSI doesn´t indicate overbought conditions. My bet is to go long in the short-term, but don´t expect the bulls to break through the resistance. The long-term downtrend is still strong and the highs of the MACD start to level off and will probably soon decline, indicating a trend reversal. VF Investment can not be held...
Hello traders. WTCBTC is looking good now. - Falling wedge formation on the daily time frame. - Sell pressure is decressing what you can notice on MACD histogram. - Very low volume - upcoming Bullish cross on MACD DCA into this coin and you will be very happy soon. Upcoming move will be very explosive, 50 % gains easy. Not a financial advice. Just my...
Will the bulls continue pushing the price of Bridgebio Pharma through the resistance? RSI 14 shows no indication of their stocks being overbought and the pharma industry is doing well, so I think yes. But let´s wait for the next high of the MACD to see whether it converges or diverges with the price. In the case of a conversion, I call a breakthrough and long...
BTC seems to be struggling to break a heavy resistance and possibly is forming the top. From another hand the rejection was not strong what proves that bulls may have more fuel and will try to push higher. Long story short: If BTC breaks 10,5k, the most probable is that BTC will go to 11,8-12k area. If BTC gets rejected at 10,5k, we will see lower numbers. How...
increasing volume + price broke through resistance + MACD > 9EMA (looks optimistic) --> Uptrend RSI14 in the upper third but doesn't indicate overbought --> Uptrend will continue Healthcare sector is doing very well, especially Biotech --> Uptrend will continue VF Investment, your investment and financial advisor of choice.