Extraordinary MACD on daily timeframe
Nowadays, we are experiencing the longest "green MACD" on a daily chart since the last 3 years. The question is: "Is it going to continue?". I think definitely not forever.
As you can see, the longest "green MACD" took 59 days and it was since 31st of March 2017 till 29th of May 2017, so i mean we have some space left, because today we are 41 days in green, but be prepared for a possible dump and the red territory again at least for a while.
BUY THE DIP
As you can see, the longest "green MACD" took 59 days and it was since 31st of March 2017 till 29th of May 2017, so i mean we have some space left, because today we are 41 days in green, but be prepared for a possible dump and the red territory again at least for a while.
BUY THE DIP
Note
50th day in green seems pretty serious. I'm really curious about what's next.Note
7 weeks after, still moving "sideways"...Note
prntscr.com/u47pe5Bang! BTC is shooting up through both, downward and upward longterm trendlines.
Is the shakeout coming before next massive moves with trend, or not?
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Disclaimer
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.