Following the patron of before Moving Average, the price tends to fall before rise. Next few days between 5-10 December should have crossed the line again, starting a Rise to around .0700.
Indicators from MACD follows a similar patron on the month before.
First IDEA published.
Indicators from MACD follows a similar patron on the month before.
First IDEA published.
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As the MACD Line (Green one) is crossing the limit line (White horizon), it indicates the theory is getting right, and it's coming closer to cross the Moving Average, starting the rise.
Last time the green line crossed the limit line was on Nov 29 at 11:00pm, and was the beginning of this very same rising patron on the wave.
It's also a good indicator that the Green line (MACD) and the Yellow line (Signal of PME) it's engough separeted, as the faster moving it's getting over on the price.
Last time the green line crossed the limit line was on Nov 29 at 11:00pm, and was the beginning of this very same rising patron on the wave.
It's also a good indicator that the Green line (MACD) and the Yellow line (Signal of PME) it's engough separeted, as the faster moving it's getting over on the price.