Signals
Twelve signals, read on closed candles
What each one means, and how many coins show it right now.
The 14-bar RSI dropped to 30 or below. Price has fallen fast relative to its recent moves. Traders watch for a bounce, but an oversold reading can stay oversold in a strong downtrend.
The 14-bar RSI rose to 70 or above. Price has risen fast relative to its recent moves. Traders watch for a pause or pullback, but an overbought reading can stay overbought in a strong uptrend.
The chart was making lower highs and lower lows (a downtrend), then a candle closed above the most recent swing high. That breaks the downtrend's structure and is an early sign the trend may be turning up.
The chart was making higher highs and higher lows (an uptrend), then a candle closed below the most recent swing low. That breaks the uptrend's structure and is an early sign the trend may be turning down.
The 50-bar exponential moving average crossed above the 200-bar one. A slow, widely followed sign that the longer-term trend has turned up.
The 50-bar exponential moving average crossed below the 200-bar one. A slow, widely followed sign that the longer-term trend has turned down.
Price made two lows within 3% of each other, at least 5 bars apart, then closed above the high between them (the neckline). The pattern suggests sellers failed twice at the same level.
Price made two highs within 3% of each other, at least 5 bars apart, then closed below the low between them (the neckline). The pattern suggests buyers failed twice at the same level.
A candle traded at least 3 times the average volume of the 20 candles before it, and closed higher than it opened. Unusual volume often comes with news or a large buyer.
A candle traded at least 3 times the average volume of the 20 candles before it, and closed lower than it opened. Unusual volume often comes with news or a large seller.
A daily candle closed above the highest price of the previous 30 days. Breakouts to new highs can start a new leg up, or fail and fall back into the range.
A daily candle closed below the lowest price of the previous 30 days. Breakdowns to new lows can start a new leg down, or fail and climb back into the range.