BAT - Bullish trend. Clear Indicators
One of the clearest indicators I have found to enter in a great position.
To start off, this is a 3 falling peaks pattern (bullish).
Along with this:
- RSI is not oversold nor overbought
- MACD: Blue signal line is clearly trending upwards. BUT, it also has clear bullish divergence. With this said, the MACD shows bullish trend, but the chart clearly is going downwards. This is a very strong indicator of a bullish trend
Pay attention to the Resistance line (blue dotted line). If it crosses over it, it will continue to go higher exponentially
To start off, this is a 3 falling peaks pattern (bullish).
Along with this:
- RSI is not oversold nor overbought
- MACD: Blue signal line is clearly trending upwards. BUT, it also has clear bullish divergence. With this said, the MACD shows bullish trend, but the chart clearly is going downwards. This is a very strong indicator of a bullish trend
Pay attention to the Resistance line (blue dotted line). If it crosses over it, it will continue to go higher exponentially