✳️ Helium vs Bitcoin | Additional Information
We can gain additional information by looking at Helium vs Bitcoin (HNTBTC).
Please read ✴️ Helium | Altcoins Relief Rally Possibility Explained! before reading this article...
Ok, let's get started.
There is a strong bullish divergence on the RSI and the daily trading volume is really high.
HNTBTC is trading above EMA10 and EMA21, both gauge the short-term potential of a trading pair.
Above these levels we are bullish short-term.
Of course, this signal is only valid upon confirmation.
Confirmation comes when the daily candle (this session) closes above these levels.
Prices can drop and then the day closes below and thus the signal is invalidated.
Always look for confirmation for stronger signals.
So far we have a solid breakout.
We can wait for confirmation but we have been expecting a relief rally ever since the last rate hike by the Feds.
We were also expecting the market to turns based on the Jupiter signal... Remember? | See below!
🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?
Thank you for reading.
Namaste.
Please read ✴️ Helium | Altcoins Relief Rally Possibility Explained! before reading this article...
Ok, let's get started.
There is a strong bullish divergence on the RSI and the daily trading volume is really high.
HNTBTC is trading above EMA10 and EMA21, both gauge the short-term potential of a trading pair.
Above these levels we are bullish short-term.
Of course, this signal is only valid upon confirmation.
Confirmation comes when the daily candle (this session) closes above these levels.
Prices can drop and then the day closes below and thus the signal is invalidated.
Always look for confirmation for stronger signals.
So far we have a solid breakout.
We can wait for confirmation but we have been expecting a relief rally ever since the last rate hike by the Feds.
We were also expecting the market to turns based on the Jupiter signal... Remember? | See below!
🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?
Thank you for reading.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.