since Gold crossed into negative sentiment at the end of February, RSI has yet to be oversold. Last time it has been oversold it was in the summer of 2018 between June and August.
Remember the Bull Run starded on Aug.16th, 2018? That was the last day Gold has been oversold.
Having said that, please note the 3S representing areas of supports for the...
This study intends to point out an obvious attribute of Bitcoin that is often neglected. Its quality as a Store Of Value.
Historically this attribute is distorted as Bitcoin is subject to heavy speculation creating the Bubbles that mainstream media and short term traders pay much attention too. But on market that is such psychologically driven one aspect remains...
I've adjusted the periods of the SMAs by adding 50 to both.
Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view.
If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA.
If it does not...