Decred dropped below the cloud, breaking the smaller upward trend (yelllow-dot line) and is now heading to the bottom of the main bullish trend channel.
Signals for a drop are:
1. Price is below the cloud
2. Conversion line dropped below base line
3. MACD is pointing downwards
RSI signals a highly oversold market.
Signals for a drop are:
1. Price is below the cloud
2. Conversion line dropped below base line
3. MACD is pointing downwards
RSI signals a highly oversold market.
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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.
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.