This is meant for educational purposes. 1)The MACD is closing...not getting wider. @)We have a divergence pattern shown here...the price action is going up while the MACD moving averages are moving in a downward direction still. 3)The MACD has crossed over days ago while the 5 Moving Average has not yet crossed downward across the 20 Moving Average...this shows how much support there is for this coin. Long.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.