William Alligator: the stock is in a bullish position because the candle sticks are above the Teeth, Lips and Jaw. The lines are “eating with an open mouth” and this show that the stock is in a strong uptrend.
MACD: the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.
ADX: the line is at 42.52, so the stock is in a strong uptrend.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a buy position on this crypto because all the indicators indicate that the price is increasing and will continue like that. Moreover, the stock is in a strong uptrend. Entry price is higher than the current price for assurance and stop loss is set at -5%.
MACD: the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.
ADX: the line is at 42.52, so the stock is in a strong uptrend.
Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.
Overall: it can be interesting to take a buy position on this crypto because all the indicators indicate that the price is increasing and will continue like that. Moreover, the stock is in a strong uptrend. Entry price is higher than the current price for assurance and stop loss is set at -5%.