The price has stared to move sideways since the 14th of August.
Ideal Scenario : With the RSI on a neutral position and with the MACD above the signal line, we are just waiting for the first candle to close on green above the 20 Days Moving Average as a confirmation of a short term uptrend towards 0. 4765$.
Alternative Scenario : If the first candle will close on red above the 20 Days Moving Average and if the MACD will cross the Signal line, the changes of having a short term downtrend towards 0.4360$ will be increased.
Ideal Scenario : With the RSI on a neutral position and with the MACD above the signal line, we are just waiting for the first candle to close on green above the 20 Days Moving Average as a confirmation of a short term uptrend towards 0. 4765$.
Alternative Scenario : If the first candle will close on red above the 20 Days Moving Average and if the MACD will cross the Signal line, the changes of having a short term downtrend towards 0.4360$ will be increased.
Comment:
It worked very well! We are sticking to the plan!