Cerca
Prodotti
Comunità
Mercati
Notizie
Broker
Altro
IT
Inizia
Comunità
/
Idee
/
NCI NASDAQ's Cryptocurrency Index SHORT
Neo-Concept International Group Holdings Limited
NCI NASDAQ's Cryptocurrency Index SHORT
Di AwesomeAvani
Segui
Segui
Aggiornato
5 mar
2
Festeggia
Festeggia
29 feb
On a 2H chart, the index has had a 125% trend up since October averaging 25% per month but
accelerating. I wanted to see if there are any signs of an impeding correction given the
uptrend's duration. The past week added about 10% which seems unsustainable. The RSI is
not yet in high overvalued /bought territory but is on the approach. The predictive algo
indicators may suggest some upside but when zooming in the trendlines are relatively flat.
The candlesticks are showing prominent topping wicks. The Bollinger bands show a
" upper band march" after the run up of the past week.
Overall, at least for the immediate to intermediate term, I see no upside for this index.
As applied to my trading, I will take no new long positions of BTC and ETH. I will consider
taking partial profits at the highs of the upcoming several days at 10% each time. At some point
when a reversal is more definitive I may take short positions in them.
1 mar
Trade attivo
Crypto index is sideways awaiting further accumulation vis distribution before a move.
5 mar
Commento
The crypto index has returned to bullish momentum.
bollingerbandanalysis
BTC
cryptocurremcytrade
ETH
Moving Averages
NCI
Oscillators
overbought
overvalued
TTM
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle
Condizioni d'uso
.