CoinCarter

CoinCarter

RSI cross then MACD Cross will provide confirmation.

CoinCarter

1. When the price breaks above the orange trend line (W). 2. When the MACD histogram breaks above the orange trend line (W). Both of those indicators, at the same time, would be when you know it's real.

CoinCarter

The MACD is green on the D, W and M charts.

CoinCarter

Bitcoin MACD alert. - Crossing over signal on weekly below 0 on the histogram. - Above 200 EMA - Already crossed on daily. This was the clear signal on the last two big bitcoin runs.

CoinCarter Updated 

A reversal here looks likely.

CoinCarter

PENN is at the bottom of the channel which matches up perfectly with the 200 EMA. A bounce up from here is likely. Breaking the 200 EMA would be a trend reversal. Strong MACD histogram going into a bounce normally indicates a bounce.