It can be evidenced, based on the MACD, that from approximately 1:00 on November 4, the price entered an upward trend and later in a state of overbought evidenced by the RSI around 9:00. However, a price stabilization and possible change in trend is then shown, since the MACD lines are converging and the RSI entered its normal band
It can be evidenced, based on the MACD, that from approximately 1:00 on November 4, the price entered an upward trend and later in a state of overbought evidenced by the RSI around 9:00. However, a price stabilization and possible change in trend is then shown, since the MACD lines are converging and the RSI entered its normal band