Weekly MACD and RSI contraction
Hi,
Noticed a weekly contraction on both signal indicators MACD and RSI (to be confirmed) on the pair SXP/BTC and I am wondering how to interpret this.
On a weekly basis, this could be a very strong signal. So, which direction will take the movement if any? Is an explosion of SXP in preparation?
Please share your thoughts.
Thanks
Noticed a weekly contraction on both signal indicators MACD and RSI (to be confirmed) on the pair SXP/BTC and I am wondering how to interpret this.
On a weekly basis, this could be a very strong signal. So, which direction will take the movement if any? Is an explosion of SXP in preparation?
Please share your thoughts.
Thanks
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