In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
Today it's forming a bullish signal. With still 9 hours before candle close. If the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. Important detail. The Supertrend Ninja indicator is potentially forming its 7th bullish candle in 2021.
RSI is above 50. Heikin Ashi is showing a bullish trend as well (indicator below in the form of green blocks). Are we done with correcting? Are things heating up?
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
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