ONDUSD COMMENTS

24 lug 2018

Due to the trend in this pattern over the past few days this market is not a favorable one to buy coins. Using the EMA, the (200) shows there would be a continued downtrend for at least the next 2days, the (50) also shows a downtrend lasting for say just the next 2days, after which there should be an uptrend as the line would be in accordance with the bar by then, that should be a matter of the next 5days. The EMA (200) also shows there should be an uptrend in the coming days of this market